While other states scramble to find money or beg Washington for bailouts, Texas is sitting on a $11 billion surplus. How did that happen? Leonard Gilroy (love that name!) at Reason takes a look.
(Of course, fiscal stinginess can extract its own price. How about using some of that surplus to create a true Tier 1 public university in Texas? So that 5,000 Texas students don’t have to go out of state to get a superior education?)
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