March 29, 2010
Thus, those who wrote our venerable document had good reason for giving power in such areas as taxation and appropriations to legislators rather than governors.
Boards of regents supervise spending nearly $20 billion (with a ‘b’) at state universities. The University of Texas system has the biggest budget, nearly two billion. Texas A&M is next, spending about $1.3 billion, and Texas Tech is approaching a billion.