The latest economy news from The Texas Tribune.
Lawmakers will find themselves in a multibillion-dollar ditch when they return to Austin in January 2011. Constitutionally, they can't write a deficit budget, so they're expected to use not just cuts but revenue raisers to keep the books in balance. Ben Philpott, who covers politics and public policy for KUT News and the Tribune, filed this report. Full Story
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Texas unemployment held steady at 8.2 percent last month, according to the Texas Workforce Commission. That's the same seasonally adjusted rate as in January, December, and November, but it's up from 6.8 percent in February of 2009. Full Story
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Both Texas and the U.S. at large have begun climbing out of the latest economic recession. Now economists have begun looking back on the 2008-2009 downturn to see how it compared to other recent down economies. KUT reports on a new study from the Federal Reserve Bank in Dallas that puts the most recent recession at the top of the list. Ben Philpott is reporting for KUT News and the Texas Tribune. Full Story
A new study from the Federal Reserve Bank of Dallas compares the 2008-09 recession to other downturns — and puts it at the top of the list. Ben Philpott filed this report for KUT News and the Tribune. Full Story
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"You have to do a few things when you run for office in Texas," says one of Rick Perry's allies. "You have to debate. You have to release your tax returns. And you have to say you won't raise taxes." Bill White will surely debate the governor before November's general election, but at the moment he hasn't done the other two. The former probably won't sink him, but the latter could — by declining to drink the no-new-taxes potion, he's handing his opponent a weapon to use against him. Unless, of course, he's successful at changing the way the argument goes. Full Story
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Census Bureau questionnaires arrive at 8.4 million Texas homes this week. "Fill that sucker out," the bureau's regional director says, "so we don't have to come and knock on your door." Full Story
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What do Texans think about the fiscal and economic model for the rest of the country? Do they agree with Gov. Rick Perry that the Texas way is the better way? Full Story
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The big-government crowd in Washington and elsewhere are bankrupting our country. And Republicans are just as culpable as Democrats in treating our taxpayer dollars as “other people’s money” to be spent as they and the special interests decide. Full Story
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Democrat Bill White said he won't rely on "Soviet-style budgeting" and "hot air politics" if he's elected governor, and said the state should make education its first priority and would be better off with a governor who's got business experience when it comes to economic development. Full Story
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Loving County, in far West Texas, spent about $1,100 per resident in U.S. Department of Homeland Security grant funds from 2003 to 2008. Compare that with Harris County, which spent less than $6 per resident. Contemplate the disparity — and search for individual purchases with DHS grant money — using our latest data application. Full Story
Sound economic policy was sacrificed on the altar of short-term political gain in the George W. Bush administration. This buying of political support with taxpayers’ money brings to mind the words of Alexis de Tocqueville in Democracy in America: “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” Full Story
When the George W. Bush administration turned out to be a failure, “conservatism” got the blame — even though Donald Rumsfeld and Dick Cheney (like so many others who served alongside them) had been part of the anti-Reagan wing of the Republican Party. Full Story
More than 1 million Texans were unemployed in January, according to new numbers from the Texas Workforce Commission. Unemployment in the state hit 8.6 percent in January, up from 8 percent the month before and 6.8 percent in January 2009. The comparable national rate was 10.6 percent. Full Story
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Eva Guzman hung on to her recently secured spot on the Texas Supreme Court with a robust lead over Rose Vela, her challenger from the 13th Court of Appeals. Full Story
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Introducing the House Select Committee on Transportation Funding. Full Story
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Democratic gubernatorial candidate Bill White asks Texans, "Do you think you're getting your money's worth out of state government?" Full Story
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Budget crunching, the EPA offends Texans, early voting is underway, and gay couples still can't get ... a divorce. Full Story
More than 373,000 Texans went uncounted by the 2000 census, resulting in a loss of $1 billion in federal funds. With eight of the nation's 50 hardest-to-count counties right here in our state, the coming 2010 census is a cause for concern — and an apparent lack of attention by elected officials is making matters worse. Full Story
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State agencies are expected to submit their budget cuts today. Full Story
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Early voting begins, state agencies scramble to cut spending and a Clinton antagonist moves back to Texas. Full Story
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