As a proposal to raise the Child Tax Credit advances in Congress, a new report from the Center on Budget and Policy Priorities highlights the
Federal grants usually pay for one-third of the Texas state budget, the same as in most other states. Some, like Medicaid, foster care, or the Children’s Health Insurance Program require state or local dollars to be spent as “match” while others are a set amount based on state demographics. Federal aid is especially critical in state health and human services (almost 60 percent federally funded overall) and nutrition benefits (almost 100 percent federally funded).
Outside the state budget, Social Security and Medicare provide near-universal income support and access to health care for Texas seniors, while federal tax credits such as the Earned Income Tax Credit and Child Tax Credit are powerful anti-poverty tools.
The state budget is the only bill the Legislature must pass each session. Every two years, legislators decide how to allocate our tax dollars to
Every Texan’s Director of Economic Opportunity, Jaime Puente, testifies in strong opposition to HB 6 which would give another $1.5 billion to construction of a border
Update on Spending Caps & Available Funds Earlier this year, Texas budget watchers marveled at the unusually large $32.7 billion carryover balance available to the