Funded almost entirely by taxes on oil and gas, the Texas Rainy Day Fund has proved to be a tremendous tool for stabilizing the state's economy and budget. It is a tool that policymakers in Oklahoma and other petroleum-producing states wish they had at their disposal.
from Forbes Real Time https://www.forbes.com/sites/davidblackmon/2017/10/03/the-wisdom-and-foresight-of-the-texas-rainy-day-fund/
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