Tribpedia: Budget

The Texas Constitution requires the Legislature to balance its budget every year without borrowing against future receipts. That bars the government from deficit spending and forces lawmakers, who meet for 20 weeks every two years, to constantly balance demands for programs and services against voters' desire to limit taxes, fees and other costs of government.

The Legislative Budget Board — a ...

Attorney General's Office: Abbott's Budget Vetoes Should Stand

Sen. Ted Cruz (R-Texas) and Gov. Greg Abbott (R-Texas) speak at a press conference in the Capitol about Sen. Cruz’s Terrorist Refugee Infiltration Prevention Act of 2015 (S. 2302), in Washington, D.C., Dec. 8, 2015.
Sen. Ted Cruz (R-Texas) and Gov. Greg Abbott (R-Texas) speak at a press conference in the Capitol about Sen. Cruz’s Terrorist Refugee Infiltration Prevention Act of 2015 (S. 2302), in Washington, D.C., Dec. 8, 2015.

Gov. Greg Abbott was well within his powers when he vetoed more than $200 million in funds approved by the Texas Legislature this year, Texas Attorney General Ken Paxton’s office wrote in an opinion issued Monday.

 

In January 2015, Texas Comptroller Glenn Hegar said that his revenue estimate to divvy up for the 2016-17 budget would be about $113 billion.
In January 2015, Texas Comptroller Glenn Hegar said that his revenue estimate to divvy up for the 2016-17 budget would be about $113 billion.

Hegar Lets Abbott Vetoes Stand, Asks AG to Settle Dispute

Comptroller Glenn Hegar announced Wednesday he will not authorize more than $200 million in funds approved by the Texas Legislature but vetoed by Gov. Greg Abbott as he waits for Attorney General Ken Paxton to settle the issue.