by Ed Sterling
A trio of powerful state senators, along with Lt. Gov. Dan Patrick, on March 5 jointly announced the filing of legislation they coauthored to cut taxes and pay off state debt. Patrick, who presides over the 31-member Senate, Senate Finance Chair Jane Nelson, R-Flower Mound; Senate Business & Commerce Chair Kevin Eltife, R-Tyler; and Senate Finance Vice Chair Juan “Chuy” Hinojosa, D-McAllen, each delivered brief statements. Patrick said the state constitution limits spending to no more than the growth of the Texas economy and appropriations intended to cut taxes or reduce state debt also count against the spending cap. e legislation, in the form of a bill and a joint resolution, if passed and signed into law, would allow voters to decide whether or not to exempt tax cuts and debt payments from the state’s constitutional spending limit.