Texas’ Budget Balances as Its Vibrant Economy Grows More Diverse, Comptroller Glenn Hegar Says

AUSTIN — Texas' diverse economy will grow impressively if not spectacularly over the next two years, despite slower improvement in oil prices than projected earlier this year, Comptroller Glenn Hegar said Tuesday.Hurricane Harvey's destruction temporarily has slowed business activity in Houston and other coastal communities, Hegar said.But state revenues and the overall economy will see negligible changes, he said in an interview, shortly before issuing a year-end report. It certified that state revenues will cover all of the Legislature's spending bills.  Continue reading...

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