24/7 Newsfeed

Put Reason 24/7 on Your Site


Follow Reason 24/7 on Twitter and via RSS

Temporarily Flush, TX Officials Plan New Spending Spree

Like the guy who finds a crumpled $20 bill on the floor on his way out of the tavern and heads right back to his favorite bar stool, Texas governments are all of a sudden flush.

Booming oil and gas industries have produced enough tax revenue to give the Legislature an estimated $8.8 billion more than they had to play with the last time they met in 2011.

Source: Texas Watchdog. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.