Senate Finance Chair Steve Ogden, R-Bryan, has dropped the news many have been waiting to hear: He wants to attach a contingency provision to the 2012-13 budget that would withdraw $3 billion from the Rainy Day Fund.
Economy
Get the latest on jobs, business, growth, and policy shaping the state’s economy with in-depth reporting from The Texas Tribune.
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Economy
Senators Look for Money Without Saying “Taxes”
State senators have unveiled a list of almost $5 billion in cash-flow tricks, property sales and fees that could be used to ease cuts in the state budget, but it’s not enough to completely close the gap between what they have available and what they hope to spend.
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Economy
Senate Budget Takes Aim at Hospitals
It doesn’t include a “sick tax.” But the Senate version of the state’s 2012-13 budget still takes direct aim at hospitals, in an effort to find hundreds of millions of dollars in cost savings and narrow the state’s revenue gap.
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Economy
Interactive: How Would You Close the State’s Budget Gap?
Solving the state’s 2012-13 budget woes is a hard job and perhaps the best way to show that is to let you decide for yourself how the $27 billion shortfall should be closed. Use our interactive budget shortfall app to see what you’re willing to give up to close the gap.
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Economy
Could Soda Tax Fill Budget Hole?
Republican lawmakers have vowed to close the budget hole without a new tax. But that hasn’t stopped Sen. Eddie Lucio, D-Brownsville, from proposing a penny per ounce tax on soft drinks.
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Economy
A Budget Problem Deferred — to Now
The 2006 tax swap — lowering local school property taxes and creating a new business tax to make up the difference — is at the center of Texas’ current budget troubles. The architects are still pointing fingers over what and whom to blame for the state’s “structural deficit.”
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Demographics
Slideshow: Fever Tick Inspection in Laredo
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Criminal Justice
TribWeek: In Case You Missed It
Hamilton on Victoria’s efforts to divorce the University of Houston, Ramshaw on a disagreement between right-to-life groups over laws governing when life ends, E. Smith’s TribLive interview with Sen. Kel Seliger and Rep. Burt Solomons on redistricting, Aguilar’s interview with the mayor of Juárez, Tan on the continuing hunt for money to buy down budget cuts, Grissom on a psychologist who found more than a dozen inmates mentally competent to face the death penalty, Stiles and yours truly on the House redistricting maps and Galbraith on cutting or killing a tax break for high-cost natural gas producers: The best of our best content from April 11 to 15, 2011.
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Economy
California, Texas and the Corporate Tax Burden
One reason companies move from California to Texas is the Golden State’s higher tax burden. But are taxes really lower here than there? Depends on how you look at it.
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Economy
At Nursing Homes, Fears of a Budget “Armageddon”
The Texas Legislature is faced with a budget challenge that pits the Republican majority’s desire to cut government spending against a vulnerable target: the frail and the elderly covered by Medicaid and housed in nursing homes.