Tuesday, February 26, 2013

Texas gets it right, runs a budget surplus

"Add another notch to Texas’s growing list of achievements: The Lone Star State is projected to run an $8.8 billion dollar surplus at a time when other states are struggling to pay the bills. The surplus comes thanks to a mix of spending cuts, increased tax revenue, economic recovery, and the shale gas boom. As the Economist reports, this has given lawmakers the opportunity to fund new spending priorities during a slow national recovery:"

Maybe we need Texas Legislature to fix the problem in D.C.

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