Multiple Choice
Texas' pay-as-you-go spending rules are best summarized as
A) a direct debt limit set at $2 billion.
B) a direct debt limit of $500,000 for individual line items.
C) a general prohibition of deficit financing.
D) a limit on spending of federal funds.
E) a prohibition of deficit spending.
Correct Answer:
Verified
Correct Answer:
Verified
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