What’s their deficit?
In case you have not been paying attention, Oil is 2-5X per barrel what it was in 2000.
So YOU have been paying the increase to keep Texas budget in balance. More oil $$$ equal more Austin can spend.
Do you want a government that spends all it gets? You can’t run the U.S. this way even though Texas is a net exporter, the U.S. is a big net importer.
You can build paper airplanes that fly, but it does not scale up to a 727.
This lack of basic economic knowledge is what is killing our country.
You can’t spend your way into success.
What happens when/if oil crashes to 20$ Either Massive cuts must be made or budget deficits. Of course by that time, Silck Rick will be LONG GONE from Texas.
Texas can’t run a deficit. Yesterday someone claimed Perry’s big sin was using matching funds to help balance the budget.
Since it consists of Texas taxpayer money. and is to help pay for federally MANDATED programs, I don’t see the problem. If it’s so bad maybe Texans should just not pay Federal Taxes.
Or maybe they would like Texas to have a Personal income tax. That has a snowballs chance in H of passing in Tx.
Perry is taking some unfair hits on FR, but this is a legitimate complaint against both Perry and our “conservative” legislature. The R party in Texas needs to be shaken up.