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COVID-19 Recession in Texas

Texas faces a looming $4.6 billion deficit, comptroller projects

The coronavirus pandemic and low oil prices are driving down projected general revenue in the state's current budget by more than $11 billion.

Comptroller Glenn Hegar discusses the Biennial Revenue Estimate for the 2020-21 biennium at the state capitol. Jan. 7, 2019.
Envelope with money in it

The impact on Texas’ economy

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