Every new person who moves to Texas—and there are a lot of them—increases demand in the state for water. But Texas' supply of water isn't just failing to keep up with demand, it's actually going down.

Climate change-driven droughts are lasting longer, and that's especially painful in Central Texas where both the Austin and San Antonio metro areas are growing at astonishing rates. Earlier this month, Texas voters approved a new $1 billion water infrastructure fund—but even this may only forestall a time when officials are forced to put a halt to new development in the region.

On this episode of our weekly news podcast, On The Merits, Bloomberg Law reporter Bobby Magill walks us through some of the solutions policymakers are considering to try to reconcile the supply of, and demand for, water in fast-growing parts of the country.

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