Panel of Texas lawmakers agree to pre...

Panel of Texas lawmakers agree to preserve their options on use of rainy-day dollars next year

Amid uncertainty over the price tag of fixes for school finance, school security and Hurricane Harvey, a group of key lawmakers on Friday decided to preserve as many options as possible on the use and investment of a record amount of state savings next year. A bipartisan, House-Senate panel voted to maintain the same "sufficient balance" in the rainy day fund -- $7.5 billion -- as lawmakers did two years ago.

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