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Battle Over Rainy Day Fund Heating Up

Texas, like many other states, is proposing billions of dollars in cuts to help close a budget gap. But as Ben Philpott of KUT News and the Tribune reports, one thing Texas has that nobody else does is $9 billion in a piggy bank called the Rainy Day Fund — and lawmakers are divided over whether to crack it open.

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Texas, like many other states, is proposing billions of dollars in cuts to help close a budget gap. But as Ben Philpott of KUT News and the Tribune reports, one thing Texas has that nobody else does is $9 billion in a piggy bank called the Rainy Day Fund — and lawmakers are divided over whether to crack it open.

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