As state lawmakers continue to figure out what to do with its gigantic budget surplus, The Chief Financial Officer of the Texas government, State Comptroller Glenn Hager sat down with us to share his thoughts on the matter.
The state continues to figure out what to do with the gigantic $33 billion budget surplus. We sat down with the Chief Financial Officer of the Texas government, State Comptroller Glenn Hager to share his thoughts on the matter. Texas’ 88th legislative session kicks off with lawmakers determining what to do with $33 billion surplus
With Tuesday’s launch of the 88th legislative session, Texas lawmakers are officially back in business at the state capitol. FOX 26 Political Reporter Greg Groogan is live in Austin, where state leaders face the challenge of spending a $33 billion surplus.You are the CFO for the 9th biggest economy in the world and I kind of think of you as the personal doctor for the state government's financial condition, give us a sense of that.
"So, in part, what that means, in a given month, in just the last two, three months, average Texans spend, on just taxable items, that doesn't include groceries, that doesn't include items for medication, because those are nor sales tax, but just on sales tax items they are paying about $4.5 billion a month more than the for the same items a year ago.
"I have a couple of concerns, one, making sure we keep our eye on the ball, per se, which is investing in that infrastructure, whether it's roads water or our electrical grid, broadband, internet coverage which 3 million people across this state don't have it at their homes, which is an astonishing number.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HISD could face state takeover after Texas Supreme Court's decision to drop temporary injunctionHISD could face state takeover after Texas Supreme Court's decision to remove temporary injunction
Read more »
Texas Supreme Court clears way for state's education agency to take over Houston ISDThe state's highest court's decision would allow the TEA to move forward with its plan to replace HISD's school board members over low academic scores.
Read more »
State closer to taking over Houston schools after Texas Supreme Court rulingAs the case wound through the court system, the Legislature changed elements of the Education Code related to state intervention in districts.
Read more »
North Texas mayors team up to lobby for key issues in Texas LegislatureTexas mayors from different political affiliations joined forces in a united voice to lobby the state Legislature on a Zoom call Friday. Some of the mayors also voiced additional concerns.
Read more »
A new bipartisan group of Texas lawmakers wants to highlight the state’s fragile water infrastructureThere has been an average of six boil-water notices a day across Texas in 2023. A new bipartisan group of state lawmakers plans to focus on highlighting the state’s increasingly fragile water infrastructure during this year's legislative session.
Read more »
No. 10 Texas not sleeping on struggling Texas TechYet again, the Big 12 is the most competitve conference in the country. Texas freshman...
Read more »