Texas Capitol

AUSTIN, Texas (AP) - The economic damage in Texas from the coronavirus pandemic has left a nearly $1 billion deficit in the state budget.

The forecast by Texas Republican Comptroller Glenn Hegar on Monday reflects how the nation’s energy capital remains hampered by a slow recovery and a half-million fewer jobs than a year ago.

The deficit could result in cuts to state services as the GOP-controlled Legislature returns to work Tuesday. Many economists say that once coronavirus vaccines are more widely distributed, a broader recovery should take hold in the second half of the year

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.