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

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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.”
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dtexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 03:14 PM
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1. I don't know why -- Texas hasn't had many rainy days of late.
The sad result of Perry's praying for rain.
;-)
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 03:24 PM
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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.

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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:
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-08-11 04:10 PM
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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?
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