Gov. Abbott Signs $3.8B Tax Cut Package Into LawThe Republican made slashing taxes a top priority of his first legislative session as governor, and headed to an Austin technology firm for Monday's signing ceremony.
Tax Cut Deal Struck With End Of Texas Legislature In SightA newly struck budget deal is giving new Republican Gov. Greg Abbott the tax cuts he demanded but remains blemished by skepticism that Texas homeowners will notice any savings.
Texas Senate OKs Budget, But Long Way To Abbott's Desk AheadWith seven weeks left, the real wrangling in Republican Gov. Greg Abbott's first session now begins.
House Republicans: Cut Texas Sales Tax Rate, Not Property TaxesTexas would cut its sales tax rate for the first time in history under a House Republican plan that scraps homeowner tax relief sought by Gov. Greg Abbott.
Following 18-Hour Debate, Texas Budget Battle Has Only Begun The budget plan bursts with big wins for Texas Republicans: more border security dollars, room for tax cuts and new jabs at abortion providers.
Funding Battle Brewing As Billions Left Unspent In Texas House BudgetBillions 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.
Lt. Gov. Patrick: Nix In-State Tuition Law, Prosecutor Unit FundingPatrick pledged hefty property and business tax cuts, as well pushing to scrap a popular 2001 Texas law offering in-state university tuition to the children of people who came to the U.S. illegally.
Perry Says He Will Not Sign Budget Without Tax CutGov. 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.
Gov. Perry Urges Texas Lawmakers To Cut TaxesGov. Rick Perry says a booming Texas economy and rosier state revenue picture should allow lawmakers to cut taxes.
Local Businesses Think U.S. Still Dangling On Fiscal CliffAfter decisions in Washington, D.C. many are asking – will the vote to avoid going over the fiscal cliff help North Texas companies? CBS 11 News spoke with one local business owner who said years of uncertainty have proven costly.
Texas Senators Hope To Avoid Going Over Fiscal CliffIn one of their final joint appearances, Texas Senators Kay Bailey Hutchison and John Cornyn said they hope to avoid going over the so-called "fiscal cliff". The pair made their statements on Monday before 1,000 members of the Dallas Citizens Council.
Opinion: Romney's 47% Don't Pay Taxes Remark Shows He's Exactly Who We Thought He WasThe recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.