Dunnam: Texas will get the $600 million–but not yet
By Paul Burka
Concerning my post of Friday (Stimulus Funds: more to come?), in which I wrote that Texas will qualify for $600 million in additional stimulus funding if the unemployment rate reached 6/8% for three consecutive months, the chairman of the House select committee on the stimulus sent me an e-mail with this information: [T]he Jan and Feb rates are just below the 6.8% trigger. However HHSC projects we will have 3 months consecutive at that rate before Sept of this year. March numbers won't come out until end of April. Your premise is correct though – we are going to end up with an extra $600m in freed up GR that can be appropriated (and actually must be appropriated due to Recovery Act requirements on FMAP).
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