Texas Budget On Hold As New Revenue Numbers Come In - KAUZ-TV: Newschannel 6 Now | Wichita Falls, TX

Texas Budget On Hold As New Revenue Numbers Come In

AUSTIN, Texas (AP) - House Speaker Joe Straus says as long as official revenue numbers are changing, the House is in no rush to move forward on the next two-year Texas budget.

"We're waiting for reliable information," Straus said. He made the comments Monday, shortly after Comptroller Susan Combs alerted lawmakers that the state will have an additional $300 million in revenue due to improved sales tax receipts.

Straus called the announcement positive, but unexpected. It came as a House committee considers a contentious measure to use $4.3 billion from the state's reserve fund to address a deficit in the
current budget.

"There's no rush and I hope we have reliable information to go on," Straus said.  "So what if we wait another day? Maybe somebody else will have a good suggestion," he said.

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