Texas raids fund for poor to keep taxes low
Texas utility customers pay a little extra on their bills that is supposed to go into a fund to help the poor cover their own utility payments. But in a year of record heat, less than half the fund is being paid out, forcing people to do without air conditioning in triple-digit temperatures.
CBS reports that the Texas legislature has repeatedly approved raiding the fund in order to balance its budget without raising taxes.
It’s another Texas Miracle!