Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Perry's Rainy Day Fund? Used Up, Say Some Republican

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 03:11 PM
Original message
Perry's Rainy Day Fund? Used Up, Say Some Republican
Another Perry bait-and-switch.

http://www.texastribune.org/texas-legislature/82nd-legislative-session/perrys-rainy-day-fund-used-up-say-some-republicans/

>>>>snip
Taking a moment to praise his state, he told the audience at the Republican Leadership Conference that the Legislature had just balanced the budget — without raising taxes and while maintaining essential government services. “I might add that new budget leaves $6 billion in a Rainy Day Fund,” he said, to the delight of the crowd.

>>>snip
Just ask a Republican state legislator why $6 billion of taxpayer money sits in the bank as teachers lose their jobs. The likely answer? Because it’s already accounted for.

>>>snip
That means when lawmakers come back in two years — and without a change in federal law diminishing the state’s obligation to Medicaid or an increase in Rainy Day revenue from an improved economy — they will need most of the remaining $6 billion to pay another past due bill.

“Effectively they’ve used it,” said Bill Hammond, president of the Texas Association of Business and a former state lawmaker. “They just aren’t going to fess up until January of 2013.”
Printer Friendly | Permalink |  | Top
dtexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 03:14 PM
Response to Original message
1. I don't know why -- Texas hasn't had many rainy days of late.
The sad result of Perry's praying for rain.
;-)
Printer Friendly | Permalink |  | Top
 
Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 03:24 PM
Response to Original message
2. just more of asshole perry's concept of budgetry. (my own word, like it? lol)
just like with our deficit, no one found out until AFTER he was reelected.

Printer Friendly | Permalink |  | Top
 
Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 03:28 PM
Response to Reply #2
3. Yep. Love the word!
:thumbsup:
Printer Friendly | Permalink |  | Top
 
gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 04:10 PM
Response to Original message
4. Wait, if Texas has $6 billion laying around
Why are they looking to Washington for federal money? If, in the grand Republican tradition of running government like a business or a family, a family had a big, unexpected bill, it would have to dip into savings, even if the family was planning to go to Disneyland or something. Sounds like Texas still wants to go to Disneyland with their rainy day fund, while sticking the rest of us with a big bill.

Am I missing something, or are the Republicans just a bunch of hypocrites, prescribing one course of action for others while standing there with a hand out when misfortune is visited on them?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 23rd 2024, 07:40 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC