Missourian
Diamond Member
Wasn't Perry the guy who was governor when Texas had the largest deficit, by percentage, of any state in the country?
I'm pretty sure he's the Governor with a $9 billion surplus in a rainy day fund.
Not any more
Yes, any more.
They didn't use it.
They cut spending, didn't raise taxes and saved their surplus.
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January 19, 2011: 5:12 PM ET
NEW YORK (CNNMoney) -- Texas lawmakers unveiled a Spartan budget late Tuesday night that slashes $31 billion in spending to close the state's massive budget deficit. Education, Medicaid and corrections would be hit particularly hard.
House legislators were forced to rely on spending cuts to close the shortfall -- estimated at between $15 billion and $27 billion -- because Republican leaders pledged not to raise taxes.
They also did not touch the state's projected $9.4 billion rainy day fund, one of the most flush in the nation.
.NEW YORK (CNNMoney) -- Texas lawmakers unveiled a Spartan budget late Tuesday night that slashes $31 billion in spending to close the state's massive budget deficit. Education, Medicaid and corrections would be hit particularly hard.
House legislators were forced to rely on spending cuts to close the shortfall -- estimated at between $15 billion and $27 billion -- because Republican leaders pledged not to raise taxes.
They also did not touch the state's projected $9.4 billion rainy day fund, one of the most flush in the nation.
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Had Perry been president last month, we would still have a AAA credit rating.
He is a leader.
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