Well, they do say everything in Texas is bigger. It looks like that also includes financial problems. Let's see how Governor Perry tax-cuts his way to even with this.
Texas is expected to collect $72.2 billion in taxes, fees and other general revenue during the 2012-13 budget, down from the $87 billion used in the current two-year budget, Comptroller Susan Combs announced Monday.
That puts the shortfall at $27 billion given that maintaining services would run $99 billion for biennium.
Collections for the current budget will come in $4.3 billion less than budgeted.
