State Spending Down Over the Last Decade

The Legislative Budget Board (LBB) has released a report that shows Texas government spending has decreased 11.5% since 2002, after adjusting for population growth and inflation. The 11.5% decline in spending is for spending funded by Texas revenues; when federal funds spending are factored in, the drop is 1.2%.

The Houston Chronicle’s Texas Politics Blog says this report repudiates an earlier Wall Street Journal article speculating that Texas was on a California type path with state government spending.

You can find the LBB report here (PDF).

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