73
      Monday
      95 / 71
      Tuesday
      90 / 69
      Wednesday
      88 / 69

      GOP plan uses $6B from Texas Rainy Day Fund


      AUSTIN, Texas (AP) - Once loath to even touch the massive cash reserves in the state's Rainy Day Fund, the Republican-controlled Texas Legislature now appears ready to make a big grab.


      Texas voters would be asked to authorize taking $6 billion from the Rainy Day Fund to pay for water and road projects under a new Senate plan. The proposal was scheduled to be unveiled Thursday morning in the Senate Finance Committee.


      Republican state Sen. Tommy Williams is calling for $2.5 billion for water projects and $3.5 billion to improve deteriorating and congested highways.


      Voters would have to approve both measures with constitutional amendments in November.


      (Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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