AUSTIN — Raising hopes that lawmakers can avert a midsummer special session, legislative leaders forged a little-time-to-spare budget agreement Friday that cuts government spending by $15 billion over the next two years.
Read more: http://www.star-telegram.com/2011/05/20/3092444/texas-lawmakers-agree-to-budget.html#ixzz1N6jYWpht
Thanks deport. It was my understanding that Texas was looking a $27B shortfall in the face, which may or may not have been accurate. If true, $15B wouldn’t cover that so maybe Texas is counting on increased revenues from somewhere???