Tag Archives: spending cap

Tighter spending cap defeated

I consider this to be a victory. The state’s constitutional spending cap will remain untouched this session, and House and Senate leaders are blaming each other for the lack of action on the arcane but politically important measure. Senate Republicans … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , | Comments Off on Tighter spending cap defeated

The state spending cap is a stupid idea

And the Republicans want to make it worse. Texas Senate leaders on Tuesday announced another round of efforts to change the way the state determines its two-year spending limit, and keep tax cuts from counting toward the constitutional cap on … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , | 2 Comments

Voodoo economics

Also known as Dan Patrick’s budgetary contortions. Lt. Gov. Dan Patrick, joined by the Texas Senate’s lead budget writers, announced “a new bold proposal” Wednesday morning to allow lawmakers to cut property taxes and pay down the state’s debt without … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , , , , | Comments Off on Voodoo economics

There are no new ideas, but there are plenty of bad ideas

There’s so much wrong with what Greg Abbott wants for Texas that it’s hard to know where to begin. In his first major policy address as a gubernatorial candidate, Attorney General Greg Abbott proposed tighter constitutional limits on state spending … Continue reading

Posted in Election 2014 | Tagged , , , , , , , , , , , , , , , | Comments Off on There are no new ideas, but there are plenty of bad ideas

Another reason why spending caps are a bad idea

There are many reasons why, but this is one we haven’t encountered before. Several political observers well-versed in the state’s finances say that lawmakers could hit the state’s spending limit this session, complicating efforts to access the $11.8 billion in … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , | 1 Comment