Tribpedia: Rainy Day Fund

The Rainy Day Fund is a savings fund that allows states to set aside excess revenue for use in times of unexpected revenue shortfall. It can plug holes in the budget, defend against an economic perfect storm and keep the deficit clouds at bay.

Using the fund itself isn’t particularly easy. If the comptroller says that revenue will decrease between ...

Gov. Rick Perry delivering his State of the State address on Feb. 8, 2011
Gov. Rick Perry delivering his State of the State address on Feb. 8, 2011

What Perry's State of the State Speeches Say About Him

One 2012 presidential candidate wanted to sell a government-run lottery to finance a health insurance program. He wanted to deregulate college tuition, and then freeze it. He proposed leaving the state's Rainy Day Fund alone — or, sending the money back to taxpayers. Hint: He's from Texas. Another hint: He's not Ron Paul.

TribWeek: In Case You Missed It

An Everybody-in-the-Pool effort on what's left to do in the special session, Ramshaw on a doozy of a congressional race shaping up, Aguilar on the debate over sanctuary cities and other immigration proposals, M. Smith on the state's used-up Rainy Day Fund, Grissom on efforts to kick the special interests out of an insurance fight, Dehn and Tan on whether the special session helps or hurts the governor's national ambitions, Galbraith and KUT Radio team up for a series on the long-term outlook for Central Texas water, Aaronson on government attempts to balance openness and privacy with data releases, yours truly on Amazon's run at a sales tax break, and Hamilton on an ethnic gap in higher education: The best of our best from June 20 to 24, 2011.