Posted on 08/01/2010 9:37:44 AM PDT by dragnet2
It’s come to this: The Texas budget outlook has become so bleak that we’re comparing rather favorably to the one state where balanced budgeting goes to die.
People, our budget deficit is now as bad as California’s.
That fact may not sit well with some people—especially in the governor’s office, which loves to bash California and never misses an opportunity to point out how Texas’ low-tax, business-friendly model has led to a more robust economy and sound state finances.
When California faced a $60 billion deficit last year—a shortfall that was bigger than the entire budget of most states—you could almost hear the chortling from the Texas governor’s office. It seemed a handy example of what happens when you put big-spending liberals in charge.
It wasn’t that simple, though. The causes of California’s problems—and Texas’ lack thereof—were varied and complex. And now the states’ budget deficits are looking very similar.
Texas: $18 billion shortfall (estimated) or about 20 percent of state spending.
California: $19.1 billion shortfall (official estimate) or about 20 percent of state spending.
The numbers match up pretty neatly.
You can read a breakdown of California’s proposed budget for next year here.
The days when Texas leaders could mock California—or at least its budget mess—appear to be over.
(Excerpt) Read more at texasobserver.org ...
I suggest ya drive by your schools you're being forced to pay more and more for, and see for yourself who these students are...I'd bet 65 percent of them are children of illegal aliens.
have a link handy?
This article is such a load of horsesh*t and so is the FW Star Telegram article. You can read about how Texas addresses its budget here:
http://sunshinereview.org/index.php/Texas_state_budget
Our Texas Constitution requires a balanced budget. It’s not a recommendation. It’s a requirement. We have a $9B rainy day fund that can be used with the approval of the legislature. Any “projected” spending over “projected” revenue requires the approval of 4/5 of our legislature. It ain’t gonna happen. We’ll cut, cut, cut until the “projected” budget is balanced.
We are nowhere near having the financial problems that California has. Nowhere. Not. Even. Close.
As Rush has stated, there are no longer newspapers that report the news. There are only propaganda distributors pretending to be newspapers.
State Budget Gaps vs. State and Local Outlays for
Illegal Immigration 2009:
http://www.foxnews.com/projects/pdf/Cost_Study_2010_Budget_Gaps_vs_Costs.pdf
Exactly. We require a balanced budget and we'll do what it takes to balance it, including allowing casinos and more tax holidays to generate revenue. This article is horsesh*t.
Promoting an income tax in Texas should be grounds for deportation.
Nah. Just get a rope!
I'm certainly with you on it, and have advocated it before. There is an obstacle however, as I have been doing my research on this. Every state constitution I have looked at so far makes it very difficult to privatize public schools. What needs to happen first is ballot initiatives to make the state constitutions clear that privatizing the schools is permitted.
Cut spending - what most Americans do when income shrinks, why not government? You could fire 25% of the state Democratic apparatchiks in Austin and never miss a single one of them.
Lower taxes - attract and encourage business expansion and relocation, get more people employed = more revenue
Control borders - why are we paying tax $$$$ for free handouts and to incarcerate millions of illegals? If they are unwilling to obey the laws of entry, what makes anyone think they will respect any laws? Ship them home!
Drill baby drill! - Screw Obama’s tyrannical moratorium and let the environazis scream like the pansies they are. Create jobs, taxes and wealth with the resources God gave us. To borrow and adapt a phrase used during the Texas revolution, Come and stop us!
Do those four things and that shortfall vanishes quickly and unemployment ceases to be an issue. There is a much better chance of that happening here than in California and Washington. Its really not that difficult.
BTW - If Texas is as bad as California, why do I see so many Californians and blue state yankees moving to Texas right now?
I appreciate the info
You got to be kidding. The budget been meet every year with gimmicks. Reality is here.
I just happen to have one...
70% of the Women Who Gave Birth at Parkland Hospital in Dallas Are Illegals
http://www.freerepublic.com/focus/f-chat/2532703/posts
The gimmicks will eventually run out, then suddenly, it will be a budget crisis, and meltdown....
You hit the nail on the head. This is an old article - weeks old - from a lefty paper; they use our two year budget compared to a one year in Cal...until late in the article they tell the facts of 2 vs.1. Besides Tx has been having across the board spending cuts of 5% and then 10% for the past two years to stay in budget.
We are nowhere near having the budget problems that California has. When the legislature meets in 2011 to prepare the budget for September 2011 - August 2012 and September 2012 - August 2013, they are required by law to balance the budget. Any “projected” spending above “projected” revenue must be approved by 4/5 of the legislature, which ain’t gonna happen, and Gov. Perry has a line-item veto. This article is pure horsesh*t. We will do what is necessary to cut spending and generate revenue so we can balance the budget. We haven’t yet begun to exhaust our options. We can use the $9b rainy-day fund, create more tax holidays to generate revenue, allow gambling, and other such things. We’re not even to the point of considering the legalization and taxation of marijuana. So we’re far from California’s budget troubles.
As my state Rep. told us a month or so back, one thing we have in common is that nearly 200,000 Californians are moving to Texas every month!
They move here looking for work, but they seem to neglect to leave the political baggage in Cal.
“This is an old article - weeks old”
LOL!
Here is yet another article from yet another source in Texas...
Texas: 2011 Budget Shortfall (How the state fell into a hole)
http://www.texastribune.org/texas-taxes/2011-budget-shortfall/
Texas budget shortfall widens to $18 billion
Straus mentioned a number of possibilities for lawmakers to consider
including having unpaid furloughs for state employees
moving to a four-day workweek
freezing top-level state salaries
gas taxes and imposing a moratorium on proposed new programs
http://www.star-telegram.com/2010/05/11/2182263/texas-budget-shortfall-widens.html
((Sound familiar?))
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