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State Chapters => Texas => Topic started by: Elderberry on January 13, 2023, 12:33:01 pm

Title: Texas To Run Another Big-Ass Budget Surplus
Post by: Elderberry on January 13, 2023, 12:33:01 pm

Lawrence Person's BattleSwarm Blog 1/12/2023

One huge advantage Texas has over one-party Democrat-rule states is the salutary habit of running budget surpluses year after year after year. (Or, to be technically correct (“the best kind of correct!”), biennium after biennium after biennium.)

Now Comptroller Glenn Hegar has officially forecast that the Texas budget for 2024-2025 (the one the legislature will pass in the just-started legislative session) will be a $32.7 Billion surplus.

    The historic Texas budget surplus estimate has grown even larger as Comptroller Glenn Hegar announced a $5 billion increase in an updated Biennial Revenue Estimate (BRE) on Monday.

    The Texas Legislature convenes for the first day of its 88th Regular Session on Tuesday and now appears to have at its disposal $32.7 billion — a sum that has more than its fair share of stipulations and restrictions. Hegar’s July 2021 projection pegged the number at $27 billion.

More: https://www.battleswarmblog.com/?p=53821 (https://www.battleswarmblog.com/?p=53821)

Title: Re: Texas To Run Another Big-Ass Budget Surplus
Post by: Free Vulcan on January 13, 2023, 04:01:12 pm

*cough* border wall *cough*

Title: Re: Texas To Run Another Big-Ass Budget Surplus
Post by: catfish1957 on January 13, 2023, 04:04:14 pm

Money= Power.

Bank it., and then lower taxes to balance budget.

Title: Re: Texas To Run Another Big-Ass Budget Surplus
Post by: Hoodat on January 13, 2023, 04:18:59 pm

The citizens of Texas have been overtaxed.