UPDATED: The morning after a major bill to authorize spending billions of dollars on state water projects faltered in the House, Speaker Joe Straus’ office released a statement saying he wouldn’t “let a technicality seal the debate.”
Rainy Day Fund
Posted in
State Government
Plenty to Spend, and Plenty of Anxiety About It
Two years ago, lawmakers couldn’t find the money they needed to run the government they had promised their voters. Now they have the money — and a completely different set of political problems.
Posted in
Economy
Video: Perry Talks About Priorities for Rest of Session
With less than a month remaining in the legislative session, Gov. Rick Perry met with the Texas House GOP Caucus and talked to reporters about his support for a bill that would draw $2 billion from the Rainy Day Fund for water infrastructure needs.
Posted in
Energy
Debate Over Water Bill Could Spur Bigger Fight
A bill that would draw $2 billion for water projects from the Rainy Day Fund is set to hit the House floor Monday afternoon. The debate could turn to focus on what it means to be a fiscal conservative in the Tea Party era.
Posted in
Criminal Justice
Texas Weekly Newsreel: West, the Lottery and the Rainy Day Fund
In this edition of the Newsreel: The conversation in West turns to regulation, the Senate wants to ask voters to use Rainy Day Fund money, the House undoes the state lottery and then puts it back together, and some Texas prosecutors are in hot water.
Posted in
Public Education
Hot Seat: A Conversation With Farney and Schwertner
At our 4/26 Hot Seat conversation at Southwestern University in Georgetown, state Rep. Marsha Farney, R-Georgetown, and state Sen. Charles Schwertner, R-Georgetown, talked about public education, water, the budget and other issues in play in the 83rd session.
Posted in
Economy
Perry’s Rainy Day Policy Fueled by Credit Ratings
As lawmakers debate how much money to leave in the state’s Rainy Day Fund, Gov. Rick Perry is relying on a very specific figure: 7.5 percent.
Posted in
Economy
Senate Backs $5.7 Billion Plan for Roads, Water, Schools
After spending most of the day locked away in negotiations, the Senate unanimously approved a measure pulling $5.7 billion from the Rainy Day Fund for water and road projects and public education.
Posted in
Politics
Agenda Texas: Bond Rating Battle
On the latest Agenda Texas, from KUT News and the Tribune: Texas lawmakers are poised to spend billions out of the state’s Rainy Day Fund, but some say tapping the fund will lower the state’s bond rating. So what’s the truth?
Posted in
Transportation
Agenda Texas: The Politics of Transportation Funding
On the latest Agenda Texas, from KUT News and the Tribune: Lawmakers want to spend billions to repair the state’s crumbling roads, but that’s putting some Republican leaders in a bind.
