The latest Rainy Day Fund news from The Texas Tribune.
Gov. Rick Perry likes to rail against the Obama administration's "failed" federal stimulus program, but he and state lawmakers have more than $17 billion in fed-stim dollars to thank for the last two balanced Texas budgets. Full Story
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An amendment from Rep. Donna Howard, D-Austin, that would have directed surplus money from the Rainy Day Fund to pay for enrollment growth in public schools perished in conference committee, but came up again in debate before the final vote on a fiscal matters bill to which it was attached. Full Story
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An Everybody-in-the-Pool effort on what's left to do in the special session, Ramshaw on a doozy of a congressional race shaping up, Aguilar on the debate over sanctuary cities and other immigration proposals, M. Smith on the state's used-up Rainy Day Fund, Grissom on efforts to kick the special interests out of an insurance fight, Dehn and Tan on whether the special session helps or hurts the governor's national ambitions, Galbraith and KUT Radio team up for a series on the long-term outlook for Central Texas water, Aaronson on government attempts to balance openness and privacy with data releases, yours truly on Amazon's run at a sales tax break, and Hamilton on an ethnic gap in higher education: The best of our best from June 20 to 24, 2011. Full Story
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Gov. Rick Perry’s neon-light promotion on the national stage of the $6 billion left in the Rainy Day Fund exposes a disconnect with the conservative lawmakers battling for his principles at home, where his party is working to divert negative public sentiment about the deep budget reductions. Full Story
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At this morning's TribLive conversation, the authors of Texas Monthly's biennial Best and Worst Legislators story explained why they put Lt. Gov. David Dewhurst on the Ten Worst list. Full Story
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Want a quick recap of some of the happenings this week in the Texas Legislature? We've made it easier for you with our weekly video rundown of the action under the dome. Full Story
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With less than two days left in the legislative session, lawmakers set out to pay for the budget by passing SB 1811. Without it, the budget doesn't balance and lawmakers will be forced to come back in a special session. It passed in the House, but was undone by a Senate filibuster. Full Story
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The 82nd Texas Legislature’s regular session ends as it started, with lawmakers arguing about a shrunken state budget and redistricting. Full Story
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Texas lawmakers passed a two-year state budget on Saturday that cuts $15.2 billion from current spending — most of that in health and human services — but avoids increased taxes and leaves $6.5 billion untouched in the state's Rainy Day Fund. Full Story
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When Texas lawmakers said they wanted to run government like a business, they left out the part about using Enron and Countrywide as their models. Full Story
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His nickname around the Texas Capitol is "mucus." It’s a play on Michael Quinn Sullivan’s initials — MQS — but the moniker underscores how much of an irritant the conservative activist has become to politicians who dare buck his Tea Party orthodoxy. It also says something about his staying power. Full Story
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Voters still want lawmakers to cut the budget, but they still oppose the major cuts in education and health and human services that cutting the budget requires, according to the latest University of Texas/Texas Tribune Poll. Full Story
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Gov. Rick Perry, speaking to reporters outside a ballroom at the Four Seasons Hotel, said legislative leaders were moving toward a budget deal that would avoid a special session. Full Story
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If the House doesn't pass legislation that adds $2.6 billion to state revenue with a mix of delayed payments, increased penalties, government efficiencies and the like, the state budget won't balance and a special session will probably be required, House and Senate leaders said today. Full Story
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Call it the Justin Timberlake Treatment: The Legislature has found itself boxed in as it searches for a way out of the budget divide. Full Story
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House and Senate negotiators have reached agreement on everything in the state budget except for public and higher education and a section of general provisions that can be used later to make sure the numbers in the budget balance. Full Story
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The Texas Senate approved a $3.97 billion draw on the state's Rainy Day Fund to cover a deficit of the same size in the current budget, but not before rejecting efforts to add on a larger amount to help balance the 2012-13 budget. Full Story
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At last Thursday's TribLive conversation, I interviewed Agriculture Commissioner Todd Staples about the impact of drug-fueled violence on border farmers and ranchers, what he thinks about the Senate's two-thirds rule, his nascent campaign for lieutenant governor in 2014 and more. Full Story
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At last Thursday's TribLive conversation, I interviewed Agriculture Commissioner Todd Staples about the Senate's two-thirds rule, the Rainy Day Fund, abortion sonograms and other issues that he'd confront as lieutenant governor. Full Story
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It’s funny that you can win four statewide elections and still have people think you’re a goofball, in over your head. But maybe Lt. Gov. David Dewhurst’s fumbles leading to the Texas Senate’s budget vote give the lie to that. Maybe he’s goofy like a fox. Full Story
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