Texas has a budget deficit and it's proportionally bigger than California's!

[^_^ 5,021]

AUSTIN – Texas faces a budget crisis of truly daunting proportions, with lawmakers likely to cut sacrosanct programs such as education for the first time in memory and to lay off hundreds if not thousands of state workers and public university employees.

Texas' GOP leaders, their eyes on the Nov. 2 election, have played down the problem's size, even as the hole in the next two-year cycle has grown in recent weeks to as much as $24 billion to $25 billion. That's about 25 percent of current spending.

The gap is now proportionately larger than the deficit California recently closed with cuts and fee increases, its fourth dose of budget misery since September 2008.

http://www.dallasnews.com/sharedcontent/dws/dn/latestnews/stories/1024dntexbudgetmess.274b11d.html

[I AM NOT THAT GUY 5,715]

But, do they have the Beach Boys?

http://www.youtube.com/watch?v=hZDlnU5zwwE

[SuperDuper! 230]

AUSTIN – Texas faces a budget crisis of truly daunting proportions, with lawmakers likely to cut sacrosanct programs such as education for the first time in memory and to lay off hundreds if not thousands of state workers and public university employees.

Texas' GOP leaders, their eyes on the Nov. 2 election, have played down the problem's size, even as the hole in the next two-year cycle has grown in recent weeks to as much as $24 billion to $25 billion. That's about 25 percent of current spending.

The gap is now proportionately larger than the deficit California recently closed with cuts and fee increases, its fourth dose of budget misery since September 2008.

http://www.dallasnew...ss.274b11d.html

Thanks for putting out all the uplifting and positive news stories, Bill. You really know how to cheer up the room.

Can we rent you out for parties?

[spookyturtle 9,466]

Everything is bigger in Texas.

[Ban Hammer 13,509]

Everything is bigger in Texas.

imagine how much eric could really brag if he moved to texas.

[I AM NOT THAT GUY 5,715]

Thanks for putting out all the uplifting and positive news stories, Arajiit. You really know how to cheer up the room.

Can we rent you out for parties?

Fixed that for ya!

[spookyturtle 9,466]

imagine how much eric could really brag if he moved to texas.

If BY was an American, he'd be a Texan.

[I AM NOT THAT GUY 5,715]

If BY was an American, he'd be a Texan.

All hat and no cattle?

[spookyturtle 9,466]

All hat and no cattle?

:lol:

[scandal 951]

Everything is bigger in Texas.

I could have sworn that was Vermont ?

[spookyturtle 9,466]

I could have sworn that was Vermont ?

But Gary is originally from Texas.

[one...two...tree 2,762]

Hopefully, they'll secede before we have to bail them out again.

[luckytxn 2,265]

The difference is Texas can't have a unbalanced budget. They are by state constitution allowed to have a balanced budget only. It is often that what the budget wants and what the revenues are do not match. That means we get to have the yearly fun of the state politicians going back and forth and taking turns talking and then vote on a balanced budget. Usually the Socialists have been a bigger voice so the talking and whining goes back and forth more but this year the GOP has the largest majority in history but I am sure they will whine just as much.

Most people don't know but they can't by law skimp on education funding. A few other departments can't be hit too hard. The state also has a pay as you go law. They are not allowed to go into any kind of debt so that means pretty much that some highways will be scaled back. Some wetlands restoration will be left for another day and so on. Also they can raise taxes but that will help next years budget maybe. I am sure there are many states that have a balanced budget constitution though so most here understands all this.

[scandal 951]

The difference is Texas can't have a unbalanced budget. They are by state constitution allowed to have a balanced budget only. It is often that what the budget wants and what the revenues are do not match. That means we get to have the yearly fun of the state politicians going back and forth and taking turns talking and then vote on a balanced budget. Usually the Socialists have been a bigger voice so the talking and whining goes back and forth more but this year the GOP has the largest majority in history but I am sure they will whine just as much.

Most people don't know but they can't by law skimp on education funding. A few other departments can't be hit too hard. The state also has a pay as you go law. They are not allowed to go into any kind of debt so that means pretty much that some highways will be scaled back. Some wetlands restoration will be left for another day and so on. Also they can raise taxes but that will help next years budget maybe. I am sure there are many states that have a balanced budget constitution though so most here understands all this.

That's a little better. This time it made it to Para 1, sentence 5. Still only one citation though. I'm thinking you ate too many pig chitlins and collard greens today. Tummy upset, much?

[luckytxn 2,265]

Hopefully, they'll secede before we have to bail them out again.

Texas will never need to be bailed out so don't get your hopes up. Texas has never needed a bailout ever. (except when the U.S. brought us into the union) Texas will also never secede. We did that once but we were defeated in a war and forced to come back. We decided since we have to be part of the U.S. then we might as well rule it and make everyones life happy as can be.