SI
SI
discoversearch

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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (115339)6/14/2012 12:34:43 PM
From: tejek  Respond to of 149317
 
Not any more:

Texas is expected to collect $72.2 billion in taxes, fees and other general revenue during the 2012-13 budget, down from the $87 billion appropriated in the current two-year budget, Combs announced on the eve of lawmakers' 2011 regular session.

That figure is also below what the state has generated in every budget since 2006-07, when Texas had about 3 million fewer residents.

statesman.com

BTW all states except Vermont are required by law to maintain balanced budgets. Thatt's why the fighting in CA is so contentious.