As Texas lawmakers gavel into session Tuesday, they will have a record budget surplus: Nearly $33 billion.
– As Texas lawmakers gavel into session Tuesday, they will have a record budget surplus: nearly $33 billion.
He and 148 other state Representatives and 31 Senators, along with Governor Greg Abbott, Lt. Governor Dan Patrick, and the Speaker of the House, most likely Dade Phelan, R-Beaumont, will answer that question during the session that's set to end Memorial Day weekend. "We have to make it sustainable. There's no reason to give people a property tax cut if it's only going to be for two years and in four years, we have to then go back and raise their property taxes.
While property taxes fund cities, counties, hospital and community college districts, the largest share go to public schools. Representative Goldman said he doesn't see the state reducing that amount."Just the opposite. I think as long as the federal government doesn't do their job and protect our federal border, then it's up to the people of the State of Texas to protect their border."She said the state has other needs too."We also need to address the health care shortage, in terms of healthcare access of so many people who don't have health insurance.
Hegar also warned he's expecting a recession during the coming year, but one that would be short and shallow.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
$33 billion budget surplus marks a 'once-in-a-lifetime' opportunity for Texas lawmakersComptroller Glenn Hegar reports tax revenue for fiscal year 2022 alone jumped more than...
Read more »
Texas’ budget surplus soars $33B, fueling demand for tax cuts, one-time ‘investments’Texas Comptroller Glenn Hegar on Monday added nearly $6 billion to the state’s projected budget surplus, taking it to nearly $33 billion – and likely setting...
Read more »
What will Texas do with its $33 billion surplus? State comptroller shares his thoughtsLawmakers have gathered in Austin for the legislative session and have an unprecedented challenge to contend with that is what to do with a huge number of excess tax dollars.
Read more »
Texas Legislature 101: The art of Texas politicsLawmaking in Texas is a fast-paced political process that is unique compared to other states. We sat down with TCU political science professor and political analyst Scott Braddock to learn the art of Texas politics.
Read more »
This Week in Texas : ABC13 speaks to SE Texas lawmakers as the 88th Texas legislative session beginsIt's a new year and This Week in Texas speaks with SE Texas lawmakers for a quick preview of the legislative session that is slated to start soon.
Read more »
Gun and school safety to be among main issues brought up in new legislative sessionAUSTIN, Texas (KEYE) -- We’re now on the heels of a new legislative session beginning.The 88th Texas Legislative Session will start on Tuesday, and lawmakers wi
Read more »