[DoughtyOne]

I’m a little confused. On the forum some folks have touted a $6 billion dollar emergency fund. I more or less figured that was a surplus?

Is Texas in a deficit situation now?

If so, I can see the consternation on that point. Hopefully for the people of Texas, they have a very small deficit, if at all.

[wolfcreek]

After the current session (which meets ever 2 years) our budget was balanced (as required by Texas law) and we still have $4 billion or so in our Rainy Day fund.

I don't have the quote but, I understand there were some things kicked down the road to the next session and necessary cuts were made this time around.

Hopefully an improving economy will help address any shortfalls coming down the road. If not, we'll still be in a better position than other states. IMHO