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|    alt.politics.economics    |    "Its the economy, stupid"    |    345,374 messages    |
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|    Message 345,078 of 345,374    |
|    Radio Gnome to useapen    |
|    Re: Texas has nearly $24 billion surplus    |
|    14 Jan 25 08:11:03    |
      XPost: tx.politics, alt.politics.republicans, alt.fan.rush-limbaugh       XPost: sac.politics, talk.politics.guns       From: gong@radiognome.com              On 1/14/2025 2:51 AM, useapen wrote:       > AUSTIN — Texas Comptroller Glenn Hegar announced Monday the state will end       > its current budget with a surplus of $23.8 billion.       >       > It's not as high as the record $32.7 billion the state had two years ago,       > but lawmakers will still have a lot to consider as they develop the next       > two-year budget. That's separate from what's called the state's rainy-day       > fund, which is projected to have $28.5 billion by the end of the next two-       > year budget in August 2027.       >       > In all, lawmakers will have nearly $195 billion dollars in state revenues       > to spend in the next two-year budget. Over the next 140 days, lawmakers       > will have to develop and approve their spending blueprint.       >       > We spoke with lawmakers about the surplus and how they believe the state       > should spend it. Incoming freshman Representative, Shelley Luther, R-       > Grayson County, said she is focused on property tax relief.       >       > "Our property taxes are crazy high in Texas and people are getting taxed       > out of their homes," said Luther. "You don't own your home in Texas ever.       > You can pay it off, but if you don't pay your taxes, you don't have a       > home. We have got to give them some property tax relief immediately,       > that's first and foremost."       >       > Representative Salman Bhojani, D-Euless, said he is looking at property       > tax relief but also making key investments in the state's infrastructure.       >       > "I think we need to think about long-term and short-term," Bhojani said.       > "The long-term water infrastructure is in real need of repair and fixing.       > I think that's going to cost $150 billion in the next 50 years. Our       > schools are not funded well. They want them fully funded. Our teachers are       > not getting enough salaries. We need to pay teachers a living wage. Then       > we may think about giving property tax relief like we did last session."       >       > There are thousands of bills that will be filed this legislative session,       > but there's only one bill that is required by the Texas Constitution to       > pass, and that's the two-year state budget.       >       > Watch Eye On Politics at 7:30 Sunday morning on air and streaming       >       > https://www.cbsnews.com/texas/news/texas-has-nearly-24-billion-surplus-       > and-more-than-28-billion-in-rainy-day-fund/?intcid=CNR-02-0623               $24 billion surplus       + $28 billion rainy day fund       ---------------       = $52 billion that taxpayers are overcharged. Give them their money back.              --- SoupGate-DOS v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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