Texas Lawmakers Wait for First Draft of Scaled-Down Budget - Newschannel 6 Now | Wichita Falls, TX

Texas Lawmakers Wait for First Draft of Scaled-Down Budget

AUSTIN, Texas (AP) - Lawmakers could get their first look at the next Texas budget today.

Budget leaders are expected to release the first draft of the budget around 5 p.m., giving an initial glimpse into how lawmakers will deal with a revenue shortfall that experts estimate at between $15 and $27 billion.

Republican leaders who hold all of the statewide positions in Texas have promised no tax increases, a signal deep cuts in state services are looming.

The massive size of the revenue shortfall means no corner of state government will emerge unscathed. Nursing homes, schools, colleges and universities and prisons are among the programs that could fall victim to the state budget ax.

 

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