Texas Senate OKs $118B Budget, But Comptroller Is Critical

Albanese, Elizabeth
May 2003
Bond Buyer;5/1/2003, Vol. 344 Issue 31626, p4
Trade Publication
The Texas Senate approved a 117.6 billion dollar budget proposal on April 29, 2003 for the 2004-2005 biennium, but Comptroller Carole Keeton Strayhorn said the spending plan relies on “smoke and mirrors” and jeopardizes the state's financial future. Under the budget plan, about 795 million dollars of the state's fund — currently estimated at 1.14 billion dollars — would be used to overcome Medicaid and other funding gaps. Strayhorn must certify any state budget before it can be enacted. If she refuses to certify a joint budget proposal, legislators would be forced to go back to the drawing board andwrite a new plan.


Related Articles

  • NORTHEAST Bond-Watch. Vadum, Matthew; Newman, Emily; Braun, Martin Z.; McDonald, Michael; D'Ambrosio, Gillian // Bond Buyer;6/23/2003, Vol. 344 Issue 31662, p35 

    The article presents information related to finance in the U.S. as of June 23, 2003. Republican Susan Collins of Maine, has introduced a bill in the Senate that if enacted would give the District of Columbia greater control over its own annual budget. The legislation was introduced on June 16...

  • La. wins two-year break on its Medicaid match. Lutz, Sandy // Modern Healthcare;5/20/96, Vol. 26 Issue 21, p30 

    Reports that Louisiana is getting a bailout from the federal government to keep the state's Medicaid system afloat. Success of the state's congressional delegation in attaching an amendment to the federal budget bill that would fund the state Medicaid at current levels; Two-year bailout given;...

  • Report: DSH going largely to psych hospitals.  // AHA News;02/16/98, Vol. 34 Issue 6, p3 

    Reports about the state psychiatric hospitals receiving a greater proportion of Medicaid disproportionate-share hospital (DSH) payments based on a report of the General Accounting Office (GAO). States whose payments patterns were studied by GAO; Medicaid utilization rate in Texas; Provision of...

  • Healthcare Tweaks and Challenges. Gessel, Dave // Utah Business;Apr2012, Vol. 26 Issue 4, p64 

    The article focuses on the Utah Legislature's actions on various healthcare bills in 2012. The lack of budget deficit has allowed the Legislature to provide adequate funding for Medicaid and continue moving most of Medicaid into managed care. The state Legislature passed a bill that will require...

  • Medicaid planning directs clients to secure future. Hunter, Gerald P.; Netzer, Greg // Best's Review / Life-Health Insurance Edition;May96, Vol. 97 Issue 1, p74 

    Discusses various aspects of Medicaid planning. Effect of the passage of the Omnibus Budget Reconciliation Act of 1993 (OBRA 1993); Founding history; Process of Medicaid estate; Penalty; Methods to mitigater high cost of long-term medical care; Danger of annuities.

  • COngress approves 2004 federal spending bill.  // Nation's Health;May2003, Vol. 33 Issue 4, p7 

    Reports on the approval of the 2004 federal spending bill in the U.S. Provisions of the bill; Budget allocation for the 2004 Medicaid program; Members of the Coalition for Health Funding.

  • Congress Votes to Exclude Medicaid Cuts from FY04 Budget.  // hfm (Healthcare Financial Management);May2003, Vol. 57 Issue 5, p9 

    Reports that the U.S. Congress has approved a budget agreement that excluded key Medicaid cuts. Provisions of the budget approved by the U.S. House of Representatives and U.S. Senate; Critical aspect of the budget-agreement process.

  • `Kick that block!'. Stoil, Michael J. // Nursing Homes: Long Term Care Management;Oct95, Vol. 44 Issue 8, p6 

    Comments on the proposed changing of Medicaid into a block grant to each state to cut the federal deficit and finance tax cuts. Medicaid expenditures in fiscal 1993; Imposition of annual cap on Federal Medicaid spending; Opposition from health organizations.

  • State needs to fix Medicaid -- quickly.  // Crain's Detroit Business;7/14/2003, Vol. 19 Issue 28, p8 

    Like many states trying to control spiraling Medicaid costs, Michigan tried to organize its low-income Medicaid residents into health maintenance organizations. In theory, the idea was to offer preventive care to reduce illness rates and save money in the long term. Three statewide medical...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics