To: CowboyJay
Texans are on the hook for more public debt per person than even California. Last I heard Texas had balanced the budget with about six billion left in its "rainy day" fund.
To: RINOs suck
"Last I heard Texas had balanced the budget with about six billion left in its "rainy day" fund."
You need to start fact-checking.
Texas "balanced" their current 2-year budget by accepting over 6 billion in federal stimulus relief funds last year, and delaying several billion in payouts by one day this year which just pushed it into the next budgetary cycle.
According to Perry, and the state legislature, the 2012-2013 budget is balanced. According to their state comptroller, they'll come up $20 billion short over the next two years. I think I'm more inclined to believe their comptroller when it comes to revenue estimates.
And they still have to pay back all the money they've borrowed over the past 10 years.
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