Texas Governor Rick Perry urged state lawmakers on Tuesday to resist pressure to spend money freely, despite a state forecast for dramatically rosier revenues than two years ago.
“Trust me when I tell you that there are interests all across the state who view Monday’s revenue estimates as the equivalent of ringing the dinner bell,” Perry told state senators on the first day of the Texas legislative session, referring to projections by Comptroller Susan Combs. “They all want more for their causes. They all figure we have manna falling from heaven.”
State lawmakers will write a two-year budget during the session that continues through May 27. Combs projected a 12.4 percent rise in revenue, $101.4 billion for the 2014-2015 budget cycle, because of higher-than-expected tax collections boosted by economic growth.
CONTINUED at the Huffington Post.
No comments