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Posted in Economy

The Last Time Around

How will lawmakers deal with a budget shortfall of at least $11 billion — and maybe several billion more — in the next legislative session? In all likelihood, by doing what they did in 2003, when things were almost this bad.

Posted inState Government

Budget Cuts, Then and Now

Texas lawmakers are expecting to find a hole in the state budget — anywhere from $11 billion to $17 billion, maybe even more — when they return to Austin a year from now. That’s the worst forecast since 2003, when they responded to a $10 billion shortfall with reductions in major programs and hikes in various fees. The Texas Tribune’s Julian Aguilar reports on how cuts back then could guide the Legislature’s work in 2011.

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