Tapping Rainy Day Fund to Balance the Current Biennium Budget

In this press release, three TCCRI Board Members who serve on the House Appropriations Committee argue for a limited, one-time withdrawal from the Economic Stabilization Fund to balance the current biennium budget (2010-2011). Retaining a sizable balance in the ESF remains critical for next session, when the state will face skyrocketing Medicaid costs.