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The latest economy news from The Texas Tribune.

  • What are the Odds?

    By Ross Ramsey

    Start with a shortfall and a Legislature that doesn't want to raise taxes, then dangle budget-balancing money from "volunteers" — a.k.a., gamblers. With that strategy, promoters think they've got their best shot in years to legalize slot machines while adding $1 billion a year to state revenues. Full Story 

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  • TribWeek: In Case You Missed It

    By Evan Smith

    Grissom on her two hours in Juárez, Grissom, Ramshaw and Ramsey on four of the runoffs on Tuesday's ballot, Ramshaw on the religious experience that is voting for Dallas County's DA and an energy regulator's play for a job at the entity he regulates, Mulvaney on the Texas Senate's biggest spenders, Aguilar on whether — as U.S. officials claim — 90 percent of guns used in Mexican crimes really flow south from Texas, M. Smith on the continuing Texas Forensic Science Commission follies, Stiles on how inmates spend their money behind bars and how counties are responding at Census time, Hamilton on the creative accounting and semantic trickery that allows lawmakers to raise revenue without hiking taxes when there's a budget shortfall, and Hu on Austin's first-in-the-nation car-sharing program. The best of our best from April 5 to 9, 2010. Full Story 

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  • The Senate's Biggest Spenders

    By Erin Mulvaney

    The 31-member body spent nearly $16 million last fiscal year on travel, staff and office expenses, according to records from the office of the Secretary of the Senate. Overall spending by individual senators ranged from $206,000, by Sen. Joan Huffman, R-Houston, to $637,000, by Sen. Rodney Ellis, D-Houston. Full Story 

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    Credit: Graphic by Matt Stiles

  • Tomorrow Never Dies

    By Abby Rapoport

    Lobbyists and lawmakers are fighting to preserve the terms of the contracts signed by parents who enrolled in the Texas Tomorrow Fund prepaid college tuition plan. Full Story 

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  • A Taxing Session?

    By Ben Philpott, KUT News

    Lawmakers will find themselves in a multibillion-dollar ditch when they return to Austin in January 2011. Constitutionally, they can't write a deficit budget, so they're expected to use not just cuts but revenue raisers to keep the books in balance. Ben Philpott, who covers politics and public policy for KUT News and the Tribune, filed this report. Full Story 

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  • TribBlog: Holding Steady

    By Ross Ramsey

    Texas unemployment held steady at 8.2 percent last month, according to the Texas Workforce Commission. That's the same seasonally adjusted rate as in January, December, and November, but it's up from 6.8 percent in February of 2009. Full Story 

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  • Ranking the Recession

    By Ben Philpott, KUT News

    Both Texas and the U.S. at large have begun climbing out of the latest economic recession. Now economists have begun looking back on the 2008-2009 downturn to see how it compared to other recent down economies. KUT reports on a new study from the Federal Reserve Bank in Dallas that puts the most recent recession at the top of the list. Ben Philpott is reporting for KUT News and the Texas Tribune. Full Story 

  • Ranking the Recession

    By Ben Philpott, KUT News

    A new study from the Federal Reserve Bank of Dallas compares the 2008-09 recession to other downturns — and puts it at the top of the list. Ben Philpott filed this report for KUT News and the Tribune. Full Story 

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    Credit: Federal Reserve Bank of Dallas

  • Let the Counting Begin

    By Matt Stiles

    Census Bureau questionnaires arrive at 8.4 million Texas homes this week. "Fill that sucker out," the bureau's regional director says, "so we don't have to come and knock on your door." Full Story 

    A U.S. Census Bureau worker confirms addresses with a hand-held device.
    Credit: U.S. Census Bureau

  • Read My Lapse

    By Ross Ramsey

    "You have to do a few things when you run for office in Texas," says one of Rick Perry's allies. "You have to debate. You have to release your tax returns. And you have to say you won't raise taxes." Bill White will surely debate the governor before November's general election, but at the moment he hasn't done the other two. The former probably won't sink him, but the latter could — by declining to drink the no-new-taxes potion, he's handing his opponent a weapon to use against him. Unless, of course, he's successful at changing the way the argument goes. Full Story 

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    Credit: Caleb Bryant Miller

  • Bamboozled by the Establishment

    By Tom Pauken

    The big-government crowd in Washington and elsewhere are bankrupting our country. And Republicans are just as culpable as Democrats in treating our taxpayer dollars as “other people’s money” to be spent as they and the special interests decide. Full Story 

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  • 2010: White Starts the Argument [Updated]

    By Ross Ramsey

    Democrat Bill White said he won't rely on "Soviet-style budgeting" and "hot air politics" if he's elected governor, and said the state should make education its first priority and would be better off with a governor who's got business experience when it comes to economic development. Full Story 

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    Credit: Caleb Bryant Miller

  • Data App: Homeland $ecurity

    By Matt Stiles

    Loving County, in far West Texas, spent about $1,100 per resident in U.S. Department of Homeland Security grant funds from 2003 to 2008. Compare that with Harris County, which spent less than $6 per resident. Contemplate the disparity — and search for individual purchases with DHS grant money — using our latest data application. Full Story 

  • "Big Government Conservatism"

    By Tom Pauken

    Sound economic policy was sacrificed on the altar of short-term political gain in the George W. Bush administration. This buying of political support with taxpayers’ money brings to mind the words of Alexis de Tocqueville in Democracy in America: “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” Full Story 

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  • George W. Bush Was No Ronald Reagan

    By Tom Pauken

    When the George W. Bush administration turned out to be a failure, “conservatism” got the blame — even though Donald Rumsfeld and Dick Cheney (like so many others who served alongside them) had been part of the anti-Reagan wing of the Republican Party. Full Story 

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  • TribBlog: Texas Unemployment Rises

    By Ross Ramsey

    More than 1 million Texans were unemployed in January, according to new numbers from the Texas Workforce Commission. Unemployment in the state hit 8.6 percent in January, up from 8 percent the month before and 6.8 percent in January 2009. The comparable national rate was 10.6 percent. Full Story 

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