Budget Shortfall Highlights Importance of Reining in Government Spending Without Raising Taxes
Today, Texas Comptroller Glenn Hegar revised the Certification Revenue Estimate (CRE) to project a fiscal 2021 ending shortfall of $4.58 billion which Hegar attributed to the COVID-19 pandemic and recent volatility in oil prices. “Today’s update by Texas Comptroller Hegar on the budget shortfall shows the importance of reining in government spending without raising taxes...
Press Release July 20, 2020