Texas ranks among the most recession-proof states in the nation, due to its fiscal responsibility, low taxation and strong economy.
Rainy Day Fund
After a recent flood, citizens of Weslaco demand changes in their city administration and major improvements in their drainage systems.
Even still, prudence will be paramount in deciding where ESF funds will be administered and in what manner.
The Mayor of Houston formally asked Gov. Greg Abbott to tap state funds for Hurricane Harvey recovery.
A member of the Freedom Caucus is joining liberal Republicans and Democrats to call for bigger government.
While total spending is cause for encouragement, SB 1 was a mixed bag at the ground level
“If we do that, in a few years, the Rainy Day Fund could be entirely depleted and we wouldn’t have the resources needed for the tough times that may be ahead,” he warns.
The biggest fight will be over whether or not to raid the Rainy Day Fund, something Lt. Gov. Dan Patrick has taken off the table and to which lawmakers should “Just Say No!”
Citizens’ eyes now turn to Texas Senate Finance Chairman Jane Nelson, who will lead the conference committee on the budget.
The senate managed to come in $2.3 billion below the Conservative Texas Budget model