Limit on growth of state budget may imperil plan to use Texas rainy day fund for water, transportation, education

By April 1, 2013 July 31st, 2014 No Comments

Got money? Thanks to the oil and gas boom and the economic recovery, state lawmakers do. They also have a desire to spend much of it.  But it’s not that easy: For the first time, they risk bumping up against a constitutional ceiling on spending growth. And some see a politically fraught vote to exceed the limit.

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