Wow.In response to the worst state budget crisis since World War II, the Texas House has proposed slashing $27 billion from the budget, including huge cuts to education, nursing homes, and health care for the poor. Yet last Friday, the Texas House Ways and Means Committee approved a tax break for those who want to buy yachts costing $250,000 or more.
I really don't know what to add to that.
Under the current proposal, $7.8 billion will be cut from Texas public schools, four community colleges will close, 60,000 students will lose college financial aid, as many as 97,000 teachers and school employees will be laid off, 9,300 government jobs will be eliminated, Medicaid will be shortchanged by nearly $14 billion, and health and human services funding will plummet by a quarter. Despite this devastating toll, Republicans have been reluctant to tap in to the state’s $9.4 billion rainy day fund to alleviate the cuts, even though the fund is one of the most flush in the country.
But at least they won't get taxed should they decide to buy an enormous pleasure ship.
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