Tag Archives: Rainy Day Fund

Intelligence Deficit

From THINK PROGRESS:

Back in September, Gov. Rick Perry (R-TX) guessed that his state was facing a $10-11 billion budget shortfall for its fiscal 2012-2013 budget, and refused to entertain reports that his budget gap might be larger until he received the state Comptroller’s official report. He even poo-pooed pronouncements from his 2010 election opponent, Houston Mayor Bill White, that Texas’ deficit may be twice what he was estimating. “If [White] wants to be the budget forecaster for the state of Texas, that’s a different job,” Perry said. “It’s called the comptroller.”

Well, the Comptroller released its report today, and Perry had it wrong:

    Texas is expected to collect $72.2 billion in taxes, fees and other general revenue during the 2012-13 budget, down from the $87 billion used in the current two-year budget, Comptroller Susan Combs announced Monday. That puts the shortfall at $27 billion given that maintaining services would run $99 billion for biennium.


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Filed under California, humor, Medicaid, parody, politics, Republicans, snark, television, Texas, Wordpress Political Blogs

You Can’t Spell Prick Without R-I-C-K!

From the Star-Telegram:

In recent months, Gov. Rick Perry has savaged the stimulus package, lambasted federal attempts at healthcare reform and hinted at secession because of federal tax-and-spend policies.

A Web site paid for by Perry’s re-election campaign says Washington’s “increasingly pervasive embrace of bailouts . . . must be stopped before it drowns us in debt and destroys our national tradition of self-reliance.” The governor has also said that accepting federal stimulus money would burden the state with programs Texas couldn’t sustain.

Then, on June 19, Perry applauded the state’s “balanced” budget, which he’d just signed, noting that lawmakers had left the state’s Rainy Day Fund untouched and had cut taxes for 40,000 small businesses.

Some people credit conservative fiscal leadership by Perry, who vetoed $288.9 million in spending, and by lawmakers for balancing the budget.

But records show that it was the much reviled federal stimulus money that saved the day.


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Filed under Barack Obama, Democrats, humor, Medicaid, movies, parody, politics, Republicans, snark, Texas, Wordpress Political Blogs