The very next two sentences are:
Gov. Perry announced $1.2 billion in cuts in May 2010. "Every penny we save now in the 2010-11 biennium is one penny closer to balancing the budget in the next legislative session," Perry said in a statement.There's no debate that we face a budget shortfall at the end of this biennial budget. However, we will not enter into the next biennial budget with a shortfall. We will balance our budget.
My beef with these articles (not with you) is that the authors imply that Texas has serious financial problems that will continue into the years ahead and are as bad as the finanical troubles of California. Texas is not facing bankruptcy, considering asking the federal government for a bailout, or issuing IOU's. To compare the Texas budget with California's is partisan propaganda.
Very good posting that more accurately depicts the budget situation here in Texas as compared to the dismal situation that exists in CA; largely due to the unions and ultra liberals there. Texas also has $9 billion in reserve funds that can aid in balancing the budget and that $18 billion is a projection for several years in the future that does not take into consideration that our budget has to be balanced.
Highly paid bureaucrats that contribute little in value to running the engine of government or are involved in brainwashing students to accept socialist/Marxist ideals need to be terminated; thus, saving money and perhaps some young minds. ....Consider the “rulers” that were in Bell CA and how they were stealing from the taxpayers. Any of those here in Texas should be removed as quickly as possible and prosecuted if appropriate.
All of the media hype from the many liberal news sources in Texas are trying to spin facts to equate Perry to Arnold S. in CA as a sorry Governor because the LGBT and illegal crowds like White, the former mayor of a sanctuary city.