Texas to modernize money management in state budget
State funds sit idle in noninterest accounts costing Texas millions. House Bill 1934 by Rep. Frank Hartung seeks a modern money management system to reduce idle balances and boost interest earnings. Studies cite California and Michigan as benchmarks with Texas losing about 200 million in interest over the coming decade. The measure targets idle cash in state treasury accounts.
MENTIONED IN THIS ARTICLE
Slveral Commission
Texas
Austin
Frank Hartung
Texas House
Senate Economic Development Committee
California
Michigan
Texas Cash Management Bill Seeks Local Banking and Depository Reforms
The measure creates a competitive bidding system for time deposits and allows smaller Texas banks to hold state funds up to 190000 each without bids. It expands the states investment authority, prioritizes local time deposits and securities, and projects 42.6 million in biennial revenue with a non tax approach.
MENTIONED IN THIS ARTICLE
State Treasury and Depository Board
Texas
Hubris and cautious liberalism in world affairs
The author rails against hubris in international policy and warns that overconfident American intellectuals may push misguided missions. He critiques past multilateral schemes, notes flaws in public diplomacy programs, and argues for liberal values joined with prudent restraint.
MENTIONED IN THIS ARTICLE
Eisenhower
Kennetty
Johnson
St. Augustine
Reinhold Niebuhr
Drug Warning From US Rep Kazen Guides Travelers
U S Representative Abraham Chick Kazen warns constituents traveling to Mexico about strict drug laws and potential jailings. He urges parents to discuss risks with college-age travelers and notes Mexico’s sovereign justice system places the burden on the individual.
MENTIONED IN THIS ARTICLE
Abraham ‘Chick’ Kazen
Bexar County
Mexico
Kazen
Hart, Hite and Roots Cast in Questioning Light
The essay questions Alex Haley's Roots and Shere Hites The Hite Report. It notes Roots faced charges of fiction disguised as nonfiction, while The Hite Report is praised for candor yet criticized for a plotted, pro sex narrative. The author suggests both works blur fact and fiction.
MENTIONED IN THIS ARTICLE
Alex Haley
New York Times
Mark Ottaway
Sunday ‘Times of London
David Donald
W.L. Ruse
Hite
Shere Hite
Haley
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Texas Financial Institutions
State Comptroller’s Office
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Peking
United States
Russia
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Denis Bropan
Alsce
Fritz Mondale
Andy Young
Human Rights
Africa
Volved
Ab Lowenseesn
Young
Moscow
Indochina
Munich
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Meetternich
MLF
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Tay Ninh
Andy ‘Young
al Lowenstein
Brady ‘Tyson
Monaco
ROCHE
Karen
Miss Lillian
Sirta
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Gallup
Eureka
Hart
The
Small Society
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Peinces