The Texas Senate today passed a $182-billion, 2-year budget. The president of Texans for Fiscal Responsibility praised the Senate for protecting the “Rainy Day Fund.”

“In passing the budget tonight, the Senate rightly leaves untouched the Rainy Day Fund, showing the kind of restraint and fiscal responsibility Texas families are having to exercise,” said Michael Quinn Sullivan. “Even while utilizing federal stimulus dollars, the Senate’s budget keeps government growth under control and even includes provisions to slow federal mandates.”

Sullivan added: “With that said, it’s unfortunate the budget doesn’t provide the property tax relief and business tax reform that Texans, and our economy, so desperately need. Hopefully the House will follow the Senate’s lead on spending restraint, and add the much-needed tax relief.”