Tuesday, January 25, 2011

Senate offers deep spending cuts, proposes siphoning Perry’s jobs fund

AUSTIN — Senate GOP leaders on Monday introduced a two-year budget cutting deeply into public schools, college students’ financial aid and health care providers. In the bill’s fine print were signs of a possible jobs-program tussle between the state’s top two elected leaders. Despite minor shifts, the Senate’s $158.7 billion, two-year budget closely tracks the approach taken by House Republican leaders last week, closing a vast budget gap with cuts and no use of state rainy-day fund money. Spending of state and federal funds would decrease by $28.8 billion. The House plan reduced that spending by $31.1 billion.
Garrett: 

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