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GOP plan uses $6B from Rainy Day Fund

GOP plan uses $6B from Rainy Day Fund
Tex-Dot
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POSTED: Friday, April 12, 2013 - 6:00am

UPDATED: Friday, April 12, 2013 - 6:14am

2.5 billion for water projects and $3.5 billion for highways

The Houston Chronicle is reporting; once loath to even touch the massive cash reserves in the state's Rainy Day Fund, the Republican-controlled Texas Legislature now appears ready to make a big grab.

Texas voters would be asked to authorize taking $6 billion from the Rainy Fund — roughly half its projected balance. To read more, head to The Houston Chronicle's website: http://www.chron.com/news/texas/article/APNewsBreak-GOP-plan-uses-6B-from-Rainy-Day-Fund-4425664.php
 

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