KBTX | Bryan & College Station, TX | News, Weather, Sports

Texas Legislature Expecting Surplus When They Reconvene This Month

By: Associated Press Email
By: Associated Press Email

AUSTIN, Texas (AP) - Forget the talk of budget shortfalls and sacrifice that defined the Texas legislative session of two years ago. When lawmakers return to the Capitol next week, they're expecting a surplus at their disposal.

But key Republican leaders and budget observers say that money won't last long or go far. That's despite a rosier economic picture in Texas than in 2011, when the country was still lurching out of recession and the state unemployment rate was above 8 percent.

Lawmakers slashed spending by $15 billion two years ago, including $5.4 billion gutted from public education. But a revived economy has created a revenue surplus that some estimate could exceed $8 billion.

Democrats are hopeful that money can restore the deepest cuts, while Republicans have vowed to hold the line on spending.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 185374362