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Juanita says the Legislative Budget Board has more bad news than a Libyan crime report.

Hundreds of thousands of Texas jobs would be lost in the next two years under projected revenue and spending levels in a budget proposal approved by a House committee, according to a new analysis.

The “dynamic economic impact” analysis by the Legislative Budget Board predicts nearly 272,000 fewer jobs in 2012 and 335,000 in 2013. That includes government and private sector jobs.

It’s just simple math – you cannot fire people and expect more jobs to create themselves.

Texas Democratic Rep. Mike Villarreal from San Antonio voted again the Republican budget, and said —

“The voters did not elect us to eliminate hundreds of thousands of jobs. We have to be smarter than this. We can’t grow the Texas economy with a budget that destroys jobs, hurts neighborhood schools, and makes college more expensive.”

To be honest, we haven’t pushed the panic button in Texas yet, but we are having one installed.