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Economy Grows, Revenues Increase After Texas Slashes Spending

Discussion in 'News & Current Events' started by Revmitchell, Jan 9, 2013.

  1. Revmitchell

    Revmitchell Well-Known Member

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    The Texas state comptroller estimated Texas will generate $96.2 billion in revenue for the 2014-2015 fiscal cycle and reported Texas collected $8.8 billion more in revenue than expected during the last fiscal year.

    When unemployment in Texas was at its highest in a decade and the state government faced a $27 billion shortfall in 2011, legislators wrote what was then described as a “cut-to-the-bone” budget.

    And it worked.

    http://www.breitbart.com/Big-Govern...evenues-Increase-After-Texas-Slashes-Spending
     
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