Many college freshmen will soon be moving to their new campuses. They may have all the essentials they need for college, but when it comes to financial education, experts say many of them deserve an “F”.
Line-items vetoes made by Texas Gov. Greg Abbott are being questioned by state budget officials, who said Tuesday that the new Republican governor appeared to cut spending in ways that are beyond his constitutional power.
The House has preliminarily approved a $4.9 billion tax cut package featuring the first sales tax reduction in Texas history – setting the chamber up for a fight with the Senate over whose tax plan is best.
With seven weeks left, the real wrangling in Republican Gov. Greg Abbott’s first session now begins.
The budget plan bursts with big wins for Texas Republicans: more border security dollars, room for tax cuts and new jabs at abortion providers.
The Texas House is launching an ambitious attempt to fix the troubled way the state pays for public schools without waiting for the conclusion of a bitter, ongoing court battle.
Billions of available dollars remain unspent under a House budget that sets up battles over tax cuts and extra money for roads and classrooms in the final two months of the Legislature.
Calls for unprecedented border security spending in Texas are drawing bipartisan scrutiny as the Senate proposes doubling funding to pay for more manpower and crime-fighting technology.
If passed by the Legislature and approved by voters, Nichols’ plan wouldn’t touch the first $2.5 billion generated annually, but would divert the rest for transportation infrastructure beginning in the 2018-2019 state budgetary cycle.
The start of Texas’ 140-day legislative session Tuesday may answer some key questions on several important topics, but it is sure to raise many others.
The first legislative session under Republican Gov.-elect Greg Abbott will begin with lawmakers having a so-called budget surplus of $7.5 billion.
Texas lawmakers have capped key parts of the next state budget at nearly $94.3 billion, up almost $10 billion from the current 2-year spending cycle.