The Texas Constitution mandates a balance budget. The Texas Legislature by using the vote option allows the state to go in to debt by four/fifth vote from each chamber. In Texas Constitution there are four limitations on state spending they are, Debt limit, Welfare spending limit, pay-as-you go limit and Limit on the growth of certain appropriations that is spending limit. These restrictions have helped Texas to grow in today’s competitive business environment. These restrictions help the rapidly growing state in big way.