(Austin) The Senate approved Wednesday $8.4 billion in additional spending, $6.1 billion of it in state funds, to cover extra costs incurred over the last two years. This happens every session, as budgets are written prospectively based on projections of costs and revenue, and actual income and expenses have to be reconciled with the estimates. What’s unusual about this session’s supplemental budget bill is that Texas experienced the most costly storm in U.S. history during […]
