Texas – A Senate Committee has approved the next two-year state budget, using $3 billion from the Rainy Day Fund as to help make it balance.
The 11-4 vote sends the 2012-2013 budget to the full chamber for consideration, likely next week.
The committee approved a last-minute change that would allow the state to draw from the reserves, but only as a last resort.
The plan would still short public schools by about $4 billion. But the cuts aren't as severe as those approved by the House, which didn't plan to use any reserve money for the next two years. The two chambers will work out their differences after the full Senate has voted.
Three Democrats and one conservative Republican voted against the proposal.
Copyright 2011 The Associated Press.