The latest economy news from The Texas Tribune.
New jobless numbers show that the nation as a whole added fewer jobs than expected last month. Here in Texas, things appear better, but there are still plenty of people out of work — and as Matt Largey of KUT News reports, the job market can be an especially daunting place for those who are out of work the longest. Full Story
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"Efficiency" is the buzzword heading into the 2011 legislative session. Lawmakers say they want to make sure the dollars spent on K-12 education are being spent as efficiently as possible — and that anything deemed inefficient could end up the chopping block. Ben Philpott of KUT News and the Tribune reports. Full Story
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"Efficiency" is the buzzword heading into the 2011 legislative session. Lawmakers say they want to make sure the dollars spent on K-12 education are being spent as efficiently as possible — and that anything deemed inefficient could end up the chopping block. Ben Philpott of KUT News and the Tribune reports. Full Story
Gov. Rick Perry’s office has asked a member of the Emerging Technology Fund’s advisory committee to consider resigning over a recent investigation into a stock deal — the latest dustup involving state incentive funds. Ben Philpott of KUT News and the Tribune reports. Full Story
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Governor Rick Perry’s office has asked a member of the Emerging Technology Fund’s advisory committee to consider resigning over a recent investigation by the Texas Rangers. This is just the latest dust up over this fund and the Texas Enterprise Fund. Ben Philpott of KUT and The Texas Tribune reports on what could happen to the funds in the next Legislative session. Full Story
Ask House Appropriations Committee Chairman Jim Pitts, R-Waxahachie, and he'll tell you: The budget he and his fellow finance types will put forward in a few weeks confirms fears that carnage is looming. "We're making huge cuts," he told a Tea Party group last week. Full Story
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In this Thanksgiving week TribCast, Evan, Ross, Elise and Ben discuss speaker politics, the 2012 Senate race and the latest Texas job numbers. Full Story
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State budget writers will propose eliminating agencies, cutting others to a quarter of their current size and mandating furloughs for state employees to balance the budget without raising taxes or using the state's Rainy Day Fund, Appropriations Chairman Jim Pitts told a hometown crowd. Full Story
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Texas added almost 48,000 jobs from September to October this year according to the Texas Workforce Commission. Ben Philpott reports for KUT News and the Texas Tribune on the numbers below the job gains. Full Story
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Texas' unemployment rate stabilized in October at 8.1 percent as the state added almost 48,000 jobs. That rate, the lowest we've seen in 2010, is 1.5 points below the national average. Ben Philpott of KUT News and the Tribune reports on the numbers behind the gains. Full Story
For this week's installment of our non-scientific survey of political and policy insiders on issues of the moment, we focused on the budget. Specifically, we asked how big the shortfall is going to be, how the Legislature will close the gap and which areas of the budget are most likely to be cut. Full Story
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An interview with Michael Quinn Sullivan, president of Texans for Fiscal Responsibility and Empower Texans. Full Story
The former budget-slashing Texas House member and current executive director of the Texas Public Policy Foundation on how she reads the mood out there, what reductions in state spending should be on the table, whether cost-shifting to local school districts is a plausible option, why lawmakers should forget about new sources of revenue, the trouble with Medicaid and what members of the Republican near-supermajority in the Legislature must do to keep the confidence of voters — and get re-elected. Full Story
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An interview with Arlene Wohlgemuth of the Texas Public Policy Foundation. Full Story
The former Texas House member and current director of the Texas Public Policy Foundation on how lawmakers should address the state's multibillion-dollar budget shortfall. Full Story
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In this week's TribCast, Evan, Ross, Elise and Ben discuss the latest in the race for House speaker, ongoing budget woes and how governing may prove a lot harder than campaigning come January. Full Story
U.S. Sen. Kay Bailey Hutchison says she will join U.S. Sen. John Cornyn in calling for a ban on all Congressional earmark spending. In the past, both used the controversial budget maneuver to funnel hundreds of millions of dollars back to Texas. Ben Philpott of KUT News and the Tribune reports. Full Story
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If major-party leaders are not willing to make tough-love decisions on the ballooning national debt, and if the Tea Partiers are not willing to endorse painful measures, the American people must ask them, "Okay, what is your solution?" Full Story
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Lawmakers want state agencies to cut another 2 to 3 percent from their current budgets — on top of the 5 percent cuts that were already ordered. The Legislative Budget Board — comprised of members of both the House and Senate, along with the lieutenant governor and the speaker of the House — also adopted a spending cap for the next budget. Full Story
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The session hasn't started yet, but the battles have. In a heated exchange over possible cuts to higher education at a post-election debrief, Democratic consultant Matt Angle spars with Gov. Rick Perry's campaign manager, Rob Johnson. Full Story
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