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 is impossible to run a budget surplus.
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 biennium.

Answer: B 
 Deficit financing from some government operations, such as the Rainy Day Fund, can be included in the Texas budget.

Answer: C 
 It is not impossible to run a budget surplus in Texas, but it is limited by various restrictions and requirements in the state's constitution.

Answer: D 
 The Texas Highway Trust Fund is restricted to being used for transportation projects and cannot be used for education or other purposes.

Which Statement About the Texas Budget Is True