After the Legislature cut billions of dollars from the state budget in 2011, some hoped to see at least some of the funding restored in 2013. But with the next legislative session quickly approaching, others are pushing to limit that spending.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
Posted in
Economy
State Leaders Adopt Spending Cap for 2014-15 Budget
State leaders including Lt. Gov. David Dewhurst and House Speaker Joe Straus on Thursday voted to cap the state’s spending growth rate at 10.71 percent for the next-two year budget.
Posted in
Economy
College Funding Turns on Definition of “Provide”
The state of Texas used to cover half of the costs of higher education at state colleges and universities. Now it’s around 13 percent at the University of Texas at Austin and 22 percent at Texas A&M University in College Station.
Posted in
Economy
F1 Drivers to Start Their Engines in Unlikely Spot
Austin will be the epicenter of the auto racing world this month when its new, $400 million track — the Circuit of the Americas — hosts the first Formula One race in the United States since 2007.
Posted in
Economy
U.S.-Panama Trade Pact Brings Hope, Controversy
A free trade agreement between the U.S. and Panama takes effect Wednesday, bringing with it the controversy over jobs and taxes that is associated with all tariff-reducing agreements.
Posted in
University of Texas/Texas Tribune Polls
UT/TT Poll: Economic Issues Are Top Concerns
Economic and immigration issues remain top concerns in the state, according to the University of Texas/Texas Tribune Poll.
Posted in
University of Texas/Texas Tribune Polls
UT/TT Poll: Most Texans Say U.S. on Wrong Track
Most Texans believe that the country is on the wrong track but that the state is headed in the right direction, according to the University of Texas/Texas Tribune Poll conducted this month.
Posted in
Inside Intelligence
Inside Intelligence: The Political Environment
For this week’s nonscientific survey of politics and government insiders, we asked about the direction of the state and the country, the state of the economy and the most important problems facing Texas and the U.S.
Posted in
Economy
Texas Unemployment Rate Fell to 6.8 Percent in September
Texas added 21,000 nonfarm jobs in September, according to numbers released Friday by the Texas Workforce Commission. The gains brought the state’s unemployment rate to 6.8 percent, down from August’s 7.1 percent.
Posted in
Economy
At Budget Meetings, Policy Decisions Few Voters Notice
A couple of key “process” decisions — adopting an official prediction of how much the economy and population will grow, and deciding how big a patch to put on the current state budget — could limit state spending for the next two years.
