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Texas Comptroller Supports RDF Spending On Water And Roads
Texas Comptroller Susan Combs said she would support spending a portion of the state's reserve fund for one-time projects such as water and transportation.
Combs, a Republican, was speaking to the Senate Finance Committee that is writing the state's next two-year budget.
Gov. Rick Perry has proposed spending $3.7 billion from the Rainy Day Fund for water and road projects. Perry has also wants to spend nearly $1 billion more on unspecified tax relief.
If left untouched, state officials say the fund balance will balloon to nearly $12 billion by August 2015.
(Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Texas Comptroller Supports RDF Spending On Water And Roads
Texas Comptroller Susan Combs said she would support spending a portion of the state's reserve fund for one-time projects such as water and transportation.
Combs, a Republican, was speaking to the Senate Finance Committee that is writing the state's next two-year budget.
Gov. Rick Perry has proposed spending $3.7 billion from the Rainy Day Fund for water and road projects. Perry has also wants to spend nearly $1 billion more on unspecified tax relief.
If left untouched, state officials say the fund balance will balloon to nearly $12 billion by August 2015.
(Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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