The Price of Oil Could Be a Budgeting Problem In the Lege, Martinez Fischer Says: Report

January 3, 2018

 

The dropping price of oil could complicate the budget process in the new legislative session that begins Tuesday, Trey Martinez Fischer told the San Antonio Express News in an interview.

Martinez Fischer is back in the state House after two unsuccessful tries for the District 26 state Senate seat.

Dennis Bonnen, the Republican expected to be the new Speaker of the House, has been saying that school finance will be a top priority in the new session,  and Martinez Fischer said he first wants to get an accurate account of what it will take to fund schools — and the state should be open to using any financial means for funding, including pulling money from the Rainy Day Fund.

But the budget process itself could be problematic because of the declining price of oil.

“Kids are some of our biggest victims,” he told the Express News.

Martinez Fischer won more than 70% of the vote in the November election, defeating Republican Fernando Padron for the Bexar County District 116 Representative office that Martinez Fischer held from 2000 until 2017, when he resigned to run for the state senator seat vacated by Leticia Van de Putte (who ran for governor), only to be defeated by fellow Democrat Jose Menendez — twice.