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Tag: Glenn Hegar

Texas State Capitol, Photo by Bob Price

Op-Ed: Texas and TRANs — Avoiding Short-Term Debt in 2016

If there’s an 18-year-old in your life — or if you’ve been 18 yourself, in the not-too distant past — you know that credit card invitations start clogging the mailbox right around that magic birthday. And whether you’re a “financial education” specialist or just your average parent, you know one of the first lessons an 18-year-old needs to learn is not to borrow when you don’t have to.

Glenn Hegar - AP Photo

Texas Economy Expected to Grow Despite Oil Slump

Texas Comptroller of Public Accounts Glenn Hegar released the Biennium Review Estimate (BRE) on Monday in Austin. He predicted Texas will have $113 billion available for general purpose spending during the 2016-17 biennium. This represents a 9.5 percent increase over the 2014-15 biennium. The new Comptroller predicted a moderate growth rate during the coming two years.