Description

Overview:
The Texas Constitution mandates the state follow a “pay-as-you-go” budget, requiring all general revenue expenditures be paid with current tax funds. Since the Texas government cannot incur debt to finance government services, programs often face budget cuts or elimination. Is “pay-as-you-go” an effective fiscal policy for a state as large as Texas?
Subject:
Government/Political Science and Law
Level:
Academic Lower Division
Material Type:
Module
Author:
Date Added:
03/02/2022
License:
Creative Commons Attribution Non-Commercial No Derivatives Creative Commons Attribution Non-Commercial No Derivatives
Language:
English
Media Format:
Video

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