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Rainy day fund

(credit: Mandel Ngan/AFP/Getty Images)

Perry Says He Will Not Sign Budget Without Tax Cut

Gov. Rick Perry says he won’t sign a new state budget that does not include a tax cut. The governor has proposed a $1.6 billion tax cut after the Texas economy bounced back from recession.

04/29/2013

Gov. Rick Perry speaks at a press conference ahead of the memorial service for slain Kaufman County District Attorney Mike McLelland on April 4, 2013. (credit: KTVT/KTXA)

Gov. Perry Calls For $1.6B In Business Tax Cuts

Gov. Rick Perry is backing $1.6 billion in business tax cuts, even though he concedes it may mean tapping Texas’ once-untouchable cash reserves.

04/15/2013

(credit: Mandel Ngan/AFP/Getty Images)

Perry Turns To Traffic After $6 Billion Proposal

Gov. Rick Perry is ready to talk traffic after Senate Republicans unveiled a new $3.5 billion plan for crumbling and congested Texas highways.

04/12/2013

The Texas State Capitol building. (credit: Jeff Haynes/AFP/Getty Images)

GOP Plan Uses $6 Billion From Rainy Day Fund

Texas voters would be asked to authorize $6 billion from the state’s Rainy Day Fund to pay for water and road projects under a new Senate plan that stands out among the biggest proposed.

04/11/2013

(credit: AP Photo)

Texas Lawmakers Boost State Spending

The Texas Legislature may not be spending quite like a drunken sailor, but lawmakers have certainly got the checkbook out as they work on the next state budget.

03/31/2013

The Texas State Capitol building. (credit: Jeff Haynes/AFP/Getty Images)

State House To Debate $2 Billion Water Fund

The Texas House is expected to begin debate on a $2 billion state water fund that will be used to build new projects across the state.

03/27/2013

(credit: www.swf-wc.usace.army.mil)

Texas House Committee Approves $2B Water Fund

Lawmakers took the first step Thursday to setting up a $2 billion fund to finance water projects across the state. Members of the House Natural Resources Committee approved a plan that would take the money from the state’s Rainy Day Fund.

03/14/2013

(credit: Ben Stansall/AFP/Getty Images)

Texas Lawmakers Take Up Water Measure

Texas lawmakers are expected to begin public hearings on a proposed $2 billion fund to finance water projects across the state.

02/19/2013

(credit: ROBYN BECK/AFP/Getty Images)

State Lawmakers Get Map Of Highway Needs

Texas transportation officials are scheduled to give lawmakers a road map for the challenges the state faces in keeping up an aging highway system to move its growing population.

02/12/2013

The dry banks of a river are pictured on July 14, 2010. (credit: ROBERT MICHAEL/AFP/Getty Images)

Lawmakers To Hear Testimony On Drought, Water Plan

The state climatologist says Texas continues to experience a serious shortage of rainfall and is on track to experience the second-worst drought on record.

02/05/2013

The dry banks of a river are pictured on July 14, 2010. (credit: ROBERT MICHAEL/AFP/Getty Images)

Lawmakers To Hear Testimony On Drought

The Texas House and Senate Natural Resources Committees will be holding a joint hearing on the ongoing drought and the status of the state water plan.

02/05/2013

Texas Governor Rick Perry during the State of the State Address on January 29, 2013. (credit: CBSDFW.COM)

Governor Perry Proposes Infrastructure Upgrades, Tax Cuts

Governor Rick Perry presented a glowing assessment of the Texas economy Tuesday and said there was more than enough money in the state’s Rainy Day fund for a one-time, $3.7 billion-investment in water and transportation upgrades while also cutting taxes.

01/29/2013

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