The Hammer Falls on Texas Budget

So, we knew it was going to be bad before we elected this legislature, and here it is, the hammer driving the first nail in the coffin that is the Texas budget.

Public schools, college students, Medicaid hammered in Texas House budget plan

AUSTIN – Texas would slash support for public schools, cut at least 60,000 college students from financial aid and decrease Medicaid fees by 10 percent to doctors, nursing homes and hospitals under a budget plan that House leaders unveiled late Tuesday. Source: Dallas Morning News

Mark these words…

No taxes would be increased, as GOP leaders have pledged. Nor would the state tap any of $9.4 billion in the state’s rainy-day fund.

I’ll hold on to that quote so I can pull it out when cigarette taxes or gas taxes go up.

This article goes on to articulate cut after cut. Legislators have until May to finalize the bi-annual budget, and I think it’s going to be a very lean 2012-13. Don’t forget we have to pay forward the debt of 2010-11. Those cuts are still being felt. Also, remember we are in a supermajority so there is a 99% chance of passing whatever lands in the budget.