Texas budget forecast better than expected going into Texas Legislature, comptroller says
Texas lawmakers head back to work Tuesday, and the state comptroller says they will have $112.5 billion to spend when they draw up the next two-year budget during this year’s legislative session.
Read MoreRecession cuts how much lawmakers can spend with the next state budget, but decrease isn’t as bad as feared
Texas lawmakers will enter the legislative session this week with an estimated $112.5 billion available to allocate for general-purpose spending in the next two-year state budget, a number that’s down slightly from the current budget but is significantly higher than what was estimated this summer when the coronavirus began to devastate the economy.
Read MoreTTARA Reacts to Texas Comptroller’s Biennial Revenue Estimate
“Comptroller Hegar’s revenue estimate this morning offers both bad and good news. The pandemic and the associated impact on state revenues means Texas faces budget challenges at the very time Texans may need government help more than ever;
Read MoreHow will Texas lawmakers keep people safe without stifling the public’s voice?
Representatives and senators will be on the floor, flanked by staff members. Members of the public and advocates will pack committee rooms waiting to testify. Reporters will be staked out chronicling the news.
Read MoreSheldon Adelson Bets Big on Texas Casinos
When a big political player comes waltzing into Texas spending big money from out of state, it’s usually a good sign that he wants something from lawmakers. So when Las Vegas casino magnate Sheldon Adelson and his wife, Miriam, spent $4.5 million to help Republicans keep control of the Texas House in 2020, heads turned.
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