DALLAS — The Texas House balanced the current biennial budget on Thursday with $3.1 billion from the $9.4 billion rainy-day fund and $853.6 million of spending cuts for state agencies and higher education.

The move resolves a revenue gap for fiscal 2010-2011 that had been $4.3 billion, part of a $27 billion shortfall over the current and next two-year state budget cycle.

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