(AP) - Rising oil prices and economic growth has Texas officials projecting more money in the bank.
Photo credit: MGN Online State of Texas
Texas Comptroller Glenn Hegar raised his revenue estimate by nearly $3 billion dollars but warned that a trade war or a U.S. withdrawal from NAFTA could sour that outlook between now and January.
That’s when the Texas Legislature will return facing a list of big expenses.
Lawmakers underfunded Medicaid by more than $2 billion and bills remain from Hurricane Harvey.
Teachers are also expected to pressue the GOP-controlled legislature for money in the wake of protests by educators across the country.