AUSTIN, Texas (AP) - Republican Lt. Gov. David Dewhurst is ready to tap the state's Rainy Day Fund, a surprise suggestion considering most conservatives have fought to preserve it.
Gov. Rick Perry has made maintaining the fund's $8.2 billion a top priority. Yet Dewhurst thinks lawmakers should consider taking $1 billion to start a "water infrastructure development bank."
Tapping the fund to create a bank is in keeping with Republican policies. Perry tapped the Rainy Day Fund to create his Texas Enterprise Fund in 2003 and his Emerging Technology Fund in 2005.
The bank could become a self-sustaining way to prevent water shortages. A water plan approved last year by the Texas Water Development Board said the state should eventually spend $53 billion over the next half-century on new reservoirs, dams, pipelines and wells.
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Posted: 05/22/13 - (Idabel, Okla.) – For anyone interested in learning more about building preservation, Idabel Main Street will host “Historic Building Maintenance,” a workshop on the care and maintenance of the historic district, June 25th, from 5:30pm – 7:00pm, at the Idabel Public Library. Read More
Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More
Posted: 05/07/13 - DURANT, Okla. – Regent Terry Matlock will deliver remarks at Southeastern Oklahoma State University’s Spring Commencement, scheduled for Saturday, May 11, at Paul Laird Field. The ceremony (for all schools) will begin at 10 a.m. A reception will follow at 11:30 a.m. in the Visual & Performing Arts Center. Read More
