The Texan spoke with two Texas legislators, one Democrat and one Republican, about both their concerns and hopes amid the coronavirus pandemic.
This week — Texas Republicans postpone their state convention, the Freedom Caucus calls on the comptroller, and a state senate race continues to solidify.
The state's Economic Stabilization Fund (ESF) is heavily reliant on severance taxes from oil and natural gas production. The ESF currently has an over $10 billion balance.
After the reforms of the 86th Legislature, local entities have increased their collective debt by $11 billion from the last fiscal year.
August unemployment and job numbers in Texas continue to outpace the United States overall as the overall rate remains steady at 3.4 percent.
The international oil market experienced a brief moment of volatility this week after an attack on a Saudi Arabian oil facility.
Texas remains the nation's leading export state, but the escalating trade war between the U.S. and China has some increasingly concerned about its impact.
