Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (591878)	10/29/2010 4:46:33 PM
From: Brumar89	2 Recommendations Read Replies (2) of 1580289

You shouldn't assume any newspapers in TX are conservative. The Houston Chronicle sure isn't. FYI, the TX legislature sets budgets in two year increments since the legislature only meets in regular* session for a maximum of 140 days in odd numbered years. The next legislature will meet next January. At that time, the state comptroller will produce an estimate of revenues for the next two years. If the state comptroller estimates there won't be revenue to cover the spending the legislature passes, the spending bill is automatically sent back to the legislature and spending over the comptrollers revenue estimate can only be approved by a 4/5 vote. They can't spend more than the comptrollers estimate under the TX constitution. The state has $9B in a "rainy day" fund, but it takes a 2/3 vote to spend from that. *The governor can call special sessions for up to 30 days, but I think they can only deal with issues named when the special session was called. Oh, btw TX legislators earn a salary of $14,400 over their two year terms.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next