Both Texas and California have budget shortfalls of around 25 billion dollars with California having 13,000,000 more people than Texas.
Therefore, Texas residents are much deeper in state debt than even the people of California.
Texas has a deficit of “as much as” 18 billion; not 25 billion. http://online.wsj.com/article/SB10001424052748704513104575256734081528528.html
We have a rainy day fund of over 8 billion. http://sunshinereview.org/index.php/Texas_state_budget
So, please, we are bad enough without exaggeration. Don’t make it worse than it is. Ten billion (on the maximum side) is freaky for Texas. We are no where near California’s 25 billion short. Also we are not socialists - the budget and scope of government will be cut as needed.