That conservative meccas called Texas has gotten itself into as bad an economic mess as California, maybe worse since Texas has little left to cut after the conservatives cut virtually everything. What's intereresting is that while California's mess was in part due to the impasse between the Republicans and Democrats in their state government, Texas' mess is completely on the shoulders of conservative Republicans who run that state: What does Texas' $27 billion deficit mean for Dallas ISD? | DALLAS ISD Blog | dallasnews.com State Comptroller Susan Combs announced this morning that Texas faces a $27 billion deficit, a shortfall that exceeds some of the highest projections in recent months. The consequences could be dramatic as lawmakers likely make big cuts, and educators believe school districts could lose millions in funding. The Baptist Standard :: The Newsmagazine of Texas Baptists - Texas legislators faced with daunting budget deficit AUSTINâ€”Texas lawmakers are faced with a sluggish economy and a budget deficit as high as $25 billion, forcing them to make difficult spending decisions during the legislative session that begins Jan. 11. ... Legislators will face pressure to make up for the budget shortfall through a variety of options, including the expansion of gambling, expansion of toll roads and the reduction of aid for children and the poor. Using someâ€”or allâ€”of the $9.5 billion rainy day fund will be hotly debated.