Gov. Perry believes that dollars do more to create jobs and prosperity in the hands of the people, not in the hands of government, which is why he is committed to balancing the state budget without raising taxes. In these difficult economic times, state government must do what families and businesses across Texas have been doing – separate wants from needs, identify priorities, and reduce spending.
As we work through the budget process this session, Gov. Perry is committed to working with lawmakers to identify savings, make government more streamlined and efficient, and cut spending while protecting essential services. He’s also committed to strengthening the principles that have helped Texas lead the nation in job creation for the past decade and avoid the worst of the national economic recession. This includes keeping taxes low, maintaining a reasonable and predictable regulatory climate and fair legal system, and supporting an accountable education system.
Strengthening these sound, conservative fiscal principles will help ensure Texas continues to be the best place to live, work and raise a family.
» Gov. Perry successfully worked with lawmakers to pass a balanced budget that protects essential services without raising taxes, while maintaining more than $6 billion in the state's Rainy Day Fund which will keep the state equipped to respond to potential natural disasters or ongoing national economic challenges.
» The governor kept his promise in 2009 to cut taxes on small businesses, cutting taxes for 40,000 small businesses. This session, he successfully fought to extend those cuts until 2014.
» The governor signed HB 4 during the regular session, which reduces spending on state government in the current biennium (2010-11) by more than $1 billion.
News & Announcements
Monday, May 21, 2012 Austin, Texas Noteworthy
Texas Budget Compact, Pt. 3: No Tax Hikes
Monday, May 14, 2012 Austin, Texas Noteworthy
Texas Budget Compact, Pt. 2: Spending Limit
Friday, May 11, 2012 Austin, Texas Noteworthy
Texas Budget Compact, Pt. 1: Truth in Budgeting
Tuesday, April 24, 2012 Austin, Texas Editorial
An Opportunity to Strengthen the Texas Budget Process
In less than a year, newly-elected members of the 83rd Legislature will take their seats and begin crafting the budget for the next biennium. This two-year state budget is a particularly important piece of legislation; one that can chart the course for our state for many years, even decades, to come.
Wednesday, April 18, 2012 Plano, Texas Press Release
Gov. Perry Presents Texas Budget Compact to Texas Business Leaders