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Friday, April 1, 2011The Texas House tentatively agreed to use more than $3.1 billion from the Rainy Day Fund Thursday as part of a package of legislation intended to help pay the state's bills for the remaining five months of the 2011 budget. Both Democrats and Republicans agreed to tap the fund in the 142-2 vote, though Democrats made repeated pleas to use more. READ MORE >>
Wednesday, March 16, 2011Gov. Rick Perry and Texas House leaders ended a stalemate Tuesday by agreeing to use about one-third of the state's reserve fund to plug a budget deficit in the current fiscal year and to make $800 million in spending cuts to state agencies. Shortly after Perry and House Speaker Joe Strauss announced they had reached an agreement to tap $3. READ MORE >>
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