Quote:
Originally Posted by Villages Kahuna
Yep, Texas has a state budget that's under water to the tune of about $20 billion in 2012 alone. I'll await Perry's plan on how to deal with that little problem without soliciting a lot of money from the federal government. Whether he does or doesn't, Texas is a long way from providing bragging rights for being "flush". A pattern of continuing to spend even when it's known that such spending is unaffordable and unsustainable isn't the greatest entry on the resumé of one running for President.
But like I said, I'll wait to see what Perry has to say when he begins to campaign for POTUS...that's IF he runs for President.
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Compared to other states Texas is in great shape. Liberal bastions like NY, Rl, CA and IL can only dream of having such a business uptick and similar liabilities. Credit should be given as credit is due.
http://www.americansforprosperity.or...-shines-strong
http://urbangrounds.com/2011/05/texas-jobs/
http://money.cnn.com/2010/07/13/news...tune/index.htm
http://www.humanevents.com/article.php?id=43525