Stimulus won’t save Texas’ bacon this time

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Stimulus won’t save Texas’ bacon this time

By Michael Morris
The Facts

Published March 14, 2010

Just days after Gov. Rick Perry rode anti-Washington rhetoric and boasting about balanced budgets to an easy victory in the Republican gubernatorial primary, the Legislative Budget Board threw out some numbers that should have had right-thinking Texans rubbing their eyes in hopes of clearing away the fog.

In a public hearing last week, Legislative Budget Board Director John O’Brien said lawmakers likely will be facing an $11 billion budget shortfall when they convene for their next regular session in January. And, he says, that’s his most conservative estimate. It could be closer to $15 billion.

Other estimates have pegged it at as much as $20.6 billion.

That’s not a gap that can be closed with a wink.

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http://thefacts.com/story.lasso?ewcd=8b365479e642b202

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1. Proves Perry is a liar

He has no answer for the $11-20 billion dollar budget hole, yet he boldly states that he won't raise taxes. He may not call them "taxes" but he's got to raise revenue somewhere - so fees, licenses expanding the companies covered under the franchise tax etc. They are all on the table whether that weasel Perry admits it or not.