Texas and the Federal 2009 Budget Proposal

Share on Facebook    Share on Twitter

Eva DeLuna Castro /(512) 320-0222 x 103

February 1, 2008

Read Full Article >>  

On Monday, February 4, the President will issue his 2009 budget, continuing the contentious debate over our nation’s budget priorities. The stakes for Texas are considerable: federal spending in Texas in 2005 totaled nearly $149 billion, more than state and local government spending combined ($122 billion). Recent attention has focused on a federal economic stimulus package, but it is the federal budget that determines whether critical areas ranging from health care to environmental protection to education will be strengthened or weakened next year. Congress may also make tax decisions this year that could have a big impact on the country’s long-term fiscal health.