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Long-term impacts without long-term liabilities: Texas’ historic budget

Thanks to last week’s announcement of the largest budget surplus in state history, lawmakers are tasked with big decisions about where to spend the money. We’ve got a few ideas.

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By Texas 2036

Texas 2036 is a nonprofit organization building long-term, data-driven strategies to secure Texas’ prosperity through our state’s bicentennial and beyond.

“Thanks to Texas’ record-breaking revenue growth, this biennial revenue estimate was a 26% increase from the last budget cycle and included a projected $32.7 billion surplus for the current fiscal year.”

“Another prudent investment is in state employees, who serve as the frontline face of state government and ensure that state residents’ interactions with a government agency are good ones. The Legislature made a strong statement last week by increasing the funding available to individual lawmakers to pay members of their staff.”