Economy Grows, Revenues Increase After Texas Slashes Spending.....

The Texas state comptroller estimated Texas will generate $96.2 billion in revenue for the 2014-2015 fiscal cycle and reported Texas collected $8.8 billion more in revenue than expected during the last fiscal year.

When unemployment in Texas was at its highest in a decade and the state government faced a $27 billion shortfall in 2011, legislators wrote what was then described as a “cut-to-the-bone” budget.

And it worked.