Texas Used Stimulus to Cover 97% of Its Deficit

[bigsby]

Doesn't this just say it all? Typical.

See: Texas balanced budget with stimulus money from Washington - Jan. 23, 2011

Even as he railed against the Recovery Act, Texas Gov. Rick Perry used the government's stimulus plan to cover 97 percent of the state's budget deficit in 2009:

Turns out Texas was the state that depended the most on those very stimulus funds to plug nearly 97% of its shortfall for fiscal 2010, according to the National Conference of State Legislatures.

Texas, which crafts a budget every two years, was facing a $6.6 billion shortfall for its 2010-2011 fiscal years. It plugged nearly all of that deficit with $6.4 billion in Recovery Act money, allowing it to leave its $9.1 billion rainy day fund untouched.

"Stimulus was very helpful in getting them through the last few years," said Brian Sigritz, director of state fiscal studies for the National Association of State Budget Officers, said of Texas.

In FY 2012, Texas' deficit is projected to come in at $12 billion, more than 30 percent of its budget -- the third highest rate in the country. But the states, which are collectively facing a $120 billion shortfall next year, are unlikely to see any more stimulus, in large part due to the efforts of conservatives like Gov. Perry, who have slammed the Recovery Act as a wasteful and ineffective government bailout. You make your own bed, etc.

bigsby Reviewed by bigsby on 01-25-2011. Texas Used Stimulus to Cover 97% of Its Deficit Doesn't this just say it all? Typical. See: Texas balanced budget with stimulus money from Washington - Jan. 23, 2011 Even as he railed against the Recovery Act, Texas Gov. Rick Perry used the government's stimulus plan to cover 97 percent of the state's budget deficit in 2009: Turns out Texas was the state that depended the most on those very stimulus funds to plug nearly 97% of its shortfall for fiscal 2010, according to the National Conference of State Legislatures. Texas, which Rating: 5

[boulderbud5525]

we should give Perry his wish and let him take Texass and leave the republic. He is as crooked as Delay and the biggest hypocrite there is. It is just insane what these tighty righty politicos will say and do and no one calls them on their shit, and if they are called on it, the sheep who vote for them can't comprehend it and don't make a peep. Sad state of affairs and Texass is the worst of all of them.

[oldhaole]

Though I doubt it. The Mexicans are not stupid. Maybe if we give them a lot of money they will consider it.

Or we could encourage them to invade, then "surrender" Texas back to them.

No...I like it but it won't work. Looks like we are stuck with them. Oh well, every family has a crazy uncle they try keep hidden when company comes over. The United States has Texas. But it's a big state and hard to hide.

Just let them stew in their own juces. That dirty stimulus money is over. And I doubt they will miss it (yea right).

[Trip06]

Though I doubt it. The Mexicans are not stupid. Maybe if we give them a lot of money they will consider it.

Or we could encourage them to invade, then "surrender" Texas back to them.

No...I like it but it won't work. Looks like we are stuck with them. Oh well, every family has a crazy uncle they try keep hidden when company comes over. The United States has Texas. But it's a big state and hard to hide.

Just let them stew in their own juces. That dirty stimulus money is over. And I doubt they will miss it (yea right).

Mexicans arent stupid? They have a Third world Country with Some of the richest ruleing class in the world....If they werent stupid they woulda over thrown their Government and Rebuilt a New one...

[MimbresValley]

Mexico is corrupt, the gov is corrupt, and the cartel runs shit, I live twenty miles from the border, mexico is a shithole for a reason.