Texas’s Economic Stabilization Fund (or “rainy day fund”) is a valuable tool for covering unexpected shortfalls in tax receipts, like those during the COVID-19 pandemic, but it should be used sparingly, and budget reductions should be prioritized instead. Key points:
https://www.texaspolicy.com/texass-rainy-day-fund-how-to-use-it-responsibly/ Comments are closed.
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Vance Ginn, Ph.D.
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