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The Midday Brief: May 26, 2011

Your afternoon reading: radio host says Perry's running for president; Democrats predict strong showing in U.S. Senate race; budget negotiators pass $15 billion in cuts

House Speaker Joe Straus, Gov. Rick Perry and Lt. Gov. David Dewhurst

New in The Texas Tribune:

  • "Budget negotiators adopted a report Thursday that cuts state spending by $15 billion. The measure is scheduled for a vote on the House and Senate floors as early as Saturday afternoon. Key fiscal bills, including SB 1811, must still be passed to fund the budget." — Budget Negotiators Pass $15 Billion in Cuts for 2012-13
  • "Payday lending could soon become much more transparent for borrowers looking for a quick money fix — the House concurred with the Senate version of a bill today that would require payday lenders to disclose interest rates and fees associated with the loans. The bill now moves to the governor for final approval." — Payday Lending Bill Moves to Governor

Your afternoon reading:

  • "The head of the Democrats' senatorial campaign predicted today that retired Army Lt. Gen. Ricardo Sanchez will do well in Texas. She also predicted that voters will see past the Abu Ghraib prison scandal, which occurred during his stint overseeing coalition forces in Iraq." — Sanchez, Dems "on offense" in Texas, Dem Senate campaign chief insists, Trail Blazers
  • "The Senate, after a minor change, on Wednesday approved a bill that would allow Capital Metro buses — and those in four other Texas counties — to evade freeway congestion by driving on highway shoulders." — Second lap for buses-on-shoulder bill almost complete, Postcards

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