How can Texas reduce expenditures for the new public school employee health program while protecting and improving benefits? The Texas 78th Legislature faces this key question as members confront a $9.9 billion revenue shortfall. The health care program is targeted for legislative cuts. Funded for its first year only, the program was financed by revenues taken from a “one time” source; additional blows were delivered by a sagging state economy and rising insurance costs, estimated in the range of $2.5 billion for the 2004-2005 fiscal year.
Fool Me Twice: Why the Texas Grid is Still Vulnerable to Winter Storms | Part 2: Projecting Winter Outage Risk Through 2030
Part 2: Projecting Winter Outage Risk Through 2030 As Texas approaches the five-year anniversary of Winter Storm Uri, the ERCOT grid faces growing vulnerability to winter power outages. This analysis projects that by 2030, the same type of storm that would cause approximately 12 hours of outages today could result in nearly 24 hours of...