Lubbock, formally announced Thursday a deal on a bill to inject $8.5 billion in new money into Texas public schools. During an interview with CBS News Texas Thursday morning, Senate Education Committee Chair Brandon Creighton,

The deal appears to strike a face-saving compromise for both chambers over how to increase funds for the state’s public schools, with money earmarked for teacher pay and overhead costs.

Public schools will get a record-breaking amount of new funding and many teachers will get thousands more dollars of pay under a bill tentatively passed by the Texas Senate late Thursday. The unanimous passage of House Bill 2 by the Capitol’s upper chamber will send the second major education measure to the governor conceived during a legislative session that has been defined by