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Assignment:
Texas Legislature - The Budget process
1. What is the purpose of the state budget?
2. Define the term "balanced budget". Why is it necessary?
3. What type of expenses do federal funds support? What condition does the federal government attach to the use of federal money?
4. What are the other sources of state revenue?
5. What are the pros and cons to instituting an income tax in Texas?
in your answer you should include but not necessarily be limited to the followingi a brief statementin your own wordsof
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