This topic contains 0 replies, has 1 voice, and was last updated by Greg Abbott 11 years, 4 months ago.
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Home › Working Texans › State Budget › Spending Limits › Amend Constitution with stricter spending limitation
This topic contains 0 replies, has 1 voice, and was last updated by Greg Abbott 11 years, 4 months ago.
Started by Greg Abbott
Amend the Texas Constitution and state statute with a stricter spending limitation based on population growth and inflation, and apply the new limit to all GR and GR-dedicated state spending.
Texas’ current constitutional spending limit must be improved so that it can provide a meaningful check on the growth of state spending into the future.
To provide meaningful protections for taxpayers, the flawed constitutional spending limit should be rewritten to limit growth of the state budget to population growth plus inflation. In using this measure, the state will be able to continue to provide necessary services to the population as it grows. Any budget growth above this would be constitutionally restricted. In addition, a new limit should apply to all state GR and GR-Dedicated spending. Several other states employ spending limits based on population growth and inflation, including Alaska, Colorado, Nevada, and Utah.