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The Houston cityscape.
Baker Briefing: Houston’s Looming Budget Crisis
The city of Houston’s budget is at a tipping point. For five consecutive years, the city outspent its revenues by $100–$200 million each year. With stop-gap options drying up, city officials must plot out a more sustainable plan for the longer term. How did Houston find itself in this budgetary bind, and where must city officials go from here? 
Edward M. Emmett, John W. Diamond January 25, 2024