The latest economy news from The Texas Tribune.
A new Rasmussen Reports poll finds that 57 percent of Texans favor legalizing casino gambling as a means to draw down the coming budget shortfall, but only 21 percent support higher taxes. Full Story
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More than two-thirds of Texans say their confidence in the state's public schools ranges from shaky to nonexistent, according to the new University of Texas/Texas Tribune poll. A majority of Texans believe that crime, low academic standards, lack of parental involvement and not enough funding are "major" problems that public schools face — but two-thirds say "too much religion in the schools" is not a problem. Full Story
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Coming soon to a large pink state capitol building in this very state: A day-long seminar on slot machines and casinos and all that, especially as it pertains to the state budget. Full Story
The latest employment numbers show that more Texans than ever before have jobs, but the state is still struggling with its highest unemployment rate since 1987. Ben Philpott of KUT News and the Tribune reports on the good and bad news in the latest stats. Full Story
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The number of Texans working was up in April, but so was the number of people looking for work. Full Story
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The economic slump is still being felt around Texas and the country, but industries and data are reporting positive signs. KUT’s Mose Buchele reports on what to make of potential green shoots. Full Story
The state won't need new taxes or expanded legal gambling to cover a budget shortfall next session, but higher fees and more budget cuts are a possibility, Lt. Gov. David Dewhurst said at this morning's TribLive interview in Austin. Full Story
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Texas lawmakers have been fishing for ideas on how to fill a looming budget deficit when they return to Austin in 2011. Based on new projections out today, they’re gonna need a bigger boat. Full Story
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The insurance plan for state employees will have a $140.4 million shortfall next year — and that's the least of its problems. The projected shortfall for the two years after that is $880 million, and it will take another $476 million to replenish the legally required contingency fund. The Employee Retirement System and state leaders are surprisingly mellow about the red ink, saying growth in the cost of health benefits has actually stabilized at around 9 percent. But steady and large increases in costs threaten to erode the program, leaving policymakers to consider cuts in benefits, to negotiate lower prices or to find vast amounts of new money. Full Story
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The Speaker doesn't have anyone studying gambling in advance of the next legislative session, and a leading Democrat says legislators ought to get together on their own to consider the issue. Full Story
If history is any guide, the Legislature will turn to accounting illusions to mask large portions of a budget shortfall of at least $11 billion. Trouble is, such trickery is a bet on the economy roaring back to life — and that's no sure thing. Full Story
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E. Smith interviews Gov. Rick Perry for the Trib and Newsweek, Philpott dissects the state's budget mess in a weeklong series, Hamilton looks at whether Bill White is or was a trial lawyer, M. Smith finds experts all over the state anxiously watching a court case over who owns the water under our feet, Aguilar reports on the battle between Fort Stockton and Clayton Williams Jr. over water in West Texas, Ramshaw finds a population too disabled to get on by itself but not disabled enough to get state help and Miller spends a day with a young man and his mother coping with that situation, Ramsey peeks in on software that lets the government know whether its e-mail messages are getting read and who's reading what, a highway commissioner reveals just how big a hole Texas has in its road budget, Grissom does the math on the state's border cameras and learns they cost Texans about $153,800 per arrest, and E. Smith interviews Karen Hughes on the difference between corporate and political P.R. — and whether there's such a thing as "Obama Derangement Syndrome." The best of our best from April 19 to April 23, 2010. Full Story
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It's no secret the Texas Department of Transportation is broke. Texas Transportation Commission Chair Deirdre Delisi tells the Tribune's CEO/Editor-in-Chief Evan Smith just how broke the agency is. Full Story
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Grissom on the fall of Norma Chávez; M. Smith and Ramsey on the runoffs, the results, and the aftermath; Hu on the Tea Party's birthday party; Thevenot and Stiles on the path between schools and prisons; Ramshaw on prosecutors' reaction to helping hands from Austin; Hamilton on self-appointed lawyers; Galbraith on property rights and power lines; Aguilar and Grissom sit down with the mayor of Juárez to talk about his crime-ridden city; Kraft on telling the stories of Texans and other Americans who died in Vietnam; Ramsey on slots and horses and casinos; and Hamilton goes on a field trip with Jim Hightower to hear the history of populism. The best of our best from April 5 to 9, 2010. Full Story
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Unemployment in Texas remained at 8.2 percent for the fifth consecutive month in March. According to the Texas Workforce Commission, 995,200 people were looking for work last month. Full Story
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Start with a shortfall and a Legislature that doesn't want to raise taxes, then dangle budget-balancing money from "volunteers" — a.k.a., gamblers. With that strategy, promoters think they've got their best shot in years to legalize slot machines while adding $1 billion a year to state revenues. Full Story
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Grissom on her two hours in Juárez, Grissom, Ramshaw and Ramsey on four of the runoffs on Tuesday's ballot, Ramshaw on the religious experience that is voting for Dallas County's DA and an energy regulator's play for a job at the entity he regulates, Mulvaney on the Texas Senate's biggest spenders, Aguilar on whether — as U.S. officials claim — 90 percent of guns used in Mexican crimes really flow south from Texas, M. Smith on the continuing Texas Forensic Science Commission follies, Stiles on how inmates spend their money behind bars and how counties are responding at Census time, Hamilton on the creative accounting and semantic trickery that allows lawmakers to raise revenue without hiking taxes when there's a budget shortfall, and Hu on Austin's first-in-the-nation car-sharing program. The best of our best from April 5 to 9, 2010. Full Story
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The sound of clanging and banging construction equipment may interrupt the tranquil noises of nature for Texas campers this spring and summer. Full Story
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The 31-member body spent nearly $16 million last fiscal year on travel, staff and office expenses, according to records from the office of the Secretary of the Senate. Overall spending by individual senators ranged from $206,000, by Sen. Joan Huffman, R-Houston, to $637,000, by Sen. Rodney Ellis, D-Houston. Full Story
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Lobbyists and lawmakers are fighting to preserve the terms of the contracts signed by parents who enrolled in the Texas Tomorrow Fund prepaid college tuition plan. Full Story
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