Which statement about the Texas budget is true?
A) It covers a two-year period.
B) It can include deficit financing from some government operations.
C) It uses lottery proceeds to reduce deficits.
D) It allows the Highway Trust Fund to be used for education during economic recessions.

Question

Quizplus · Accepted Answer

The Texas budget covers a two-year period, known as a biennial budget.

Answer: B
 The Texas Constitution allows for deficit financing for certain government operations, such as highways and water projects.

Answer: C
 The Texas lottery proceeds go towards supporting education and veterans programs, but they do not specifically go towards reducing deficits in the state budget.

Answer: D
 The Texas Highway Trust Fund is designated for transportation infrastructure, and it cannot be used for education or other purposes during economic recessions.

Which Statement About the Texas Budget Is True