Texans await 1st draft of scaled-down state budget
POSTED: Monday, January 17, 2011 - 5:50pm
UPDATED: Tuesday, January 18, 2011 - 8:34am
AUSTIN, Texas (AP) - The next Texas budget process has just begun, but the possible outcome of a revenue shortfall of $15 billion to $27 billion will become much clearer this week.
State Rep. Jim Pitts is expected to release the first draft of the proposed budget late Tuesday and explain it to the House on Wednesday. The Waxahachie Republican's baseline budget cuts $15 billion from the current budget, without using any tax increases or money from the state's "rainy day fund."
Pitts says every area, from education to health care for the poor and disabled, will see cuts.
Some analysts say the true shortfall could be much higher - closer to $27 billion to account for enrollment growth in public schools and on Medicaid rolls.