Comptroller Susan Combs: Medicaid Costs Squeezing Other Spending
Channel: txcomptroller
Date: 2013-03-14

Texas Comptroller of Public Accounts Susan Combs says the growing share of state government spending on Medicaid is squeezing other expenditures including public education. She is also very concerned by local governments increasing reliance on debt to fund spending and saddling taxpayers with repayments for decades to come. Speaking in San Marcos, Texas, on March 21, 2012, Comptroller Combs says taxpayers need to be clearly told how much tax they are paying and how much of their taxes are servicing borrowing when governments seek permission to issue new debt.