While other states struggle with overwhelming deficits, Texas has created a model for the rest of the nation to follow that is based on living within its available revenue. The state cut taxes a net $4 billion per year in 2007 while fostering a predictable regulatory environment that allows business to thrive and continue to make Texas the No. 1 job creator in the U.S. over the past two years.
Although this year's session took place in the context of significant turmoil in the global marketplace and economic upheaval in Texas and across our country, the Legislature successfully shaped a balanced state budget that meets the needs of Texans and sufficiently funds essential programs and agencies through the next two years.
Working together, we crafted and Gov. Rick Perry signed a balanced budget that has left our state prepared to tackle the challenges that lie ahead. Not only did we balance our budget without raising taxes, we cut taxes for more than 40,000 small businesses and left our Rainy Day Fund untouched so we can once again balance our budget in 2011.
Up is down. Left is right. Black is white.
It applies to Alice once she fell down that hole and walked through the looking glass.
It applies equally to our Republican leadership in Texas.
Watching Gov. Rick Perry and Lt. Gov. David Dewhurst accept and spend President Barack Obama's stimulus money like drunken sailors then attempt to hide/rationalize/deny/avoid that fact, is getting more and more surreal and humorous — and more and more sad.
First, Perry slammed the stimulus and all its works in the Washington Times last February. However, he neglected to state that he had written a letter to Obama asking for the money just a day after Obama signed the bill. The ink wasn't even dry, and Perry had his hand out.
(Read the letter Perry wrote Obama on Perry's Web site: http://www.rickperry.org/perry-letter-to-obama.)
Next Perry told The Wall Street Journal that Texas wanted nothing to do with Washington and said our balanced budget is proof we can do it without outside help. He omitted the awkward fact that the stimulus money Perry got from Obama is what Texas used to balance its budget.