January 18, 2023      2:21 PM
Texas House and Senate base budgets leave billions in revenue on the table while emphasizing tax relief, school funding, border security and more
A veteran budget watcher said the plans are “amazingly similar”
Avoiding busting the
state's constitutional spending cap and leaving tens of billions in general revenue
on the table, Texas House and Texas
Senate budget writers on Wednesday both unveiled spending plans that emphasize
tax relief, border security, school funding, and more.
The base budgets – opening
proposals for the Legislature’s most significant work product – are similar in
total amounts but, naturally, differ on the details. They both leave roughly
$50 billion unspent from the total revenue estimated by Comptroller Glenn Hegar.
One veteran Texas budget watcher told QR these plans are “amazingly similar.”
By Scott Braddock
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Copyright January 18, 2023, Harvey Kronberg, www.quorumreport.com, All rights are reserved
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