AUSTIN – The Legislative Budget Board (LBB), which is co-chaired by Lt. Gov. Dan Patrick and House Speaker Joe Straus, adopted a constitutional spending limit today that will restrict  budget growth to 8 percent over the next two years. Lt. Gov. Patrick issued the following statement following the LBB meeting:

“The people of Texas elected us to produce a conservative budget that ensures that taxpayer dollars are spent wisely and that government growth does not exceed increases in inflation and our population. Today’s vote by the Legislative Budget Board underscores our firm commitment to that belief.”