Office of the Governor Rick Perry

Governor's Initiatives - Budget

Related Content

» Governor's Budget for 2012-2013

» Where the Money Goes

» Bragging Rights: What Others Are Saying

Monday, April 18, 2011
Illinois State Senator Roger Keats - On moving to Texas from Illinois
Tuesday, March 8, 2011
Grover Norquist, Americans for Tax Reform
Wednesday, March 9, 2011
The Honorable Talmadge Heflin, Director of Texas Public Policy Foundation
Tuesday, March 8, 2011
Michael Quinn Sullivan, President of Texans for Fiscal Responsibility
Friday, January 14, 2011
Stephen Moore, Editorial Editor of Wall Street Journal

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.

Action Items

» 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

  • Friday, May 25, 2012 • Austin, Texas • Noteworthy
    Texas Budget Compact, Pt. 5: Cutting Wasteful Spending
    A basic value that has helped power the Texas economy over the past decade is our dedication to cutting expenses wherever possible, doing everything we can to get the most possible out of every single taxpayer dollar. We must remain true to that philosophy whether tax receipts are coming in higher than expected or lower than anticipated.
  • Wednesday, May 23, 2012 • Austin, Texas • Noteworthy
    Texas Budget Compact, Pt. 4: Rainy Day Fund
    An important facet of fiscal responsibility is ensuring the state is financially able to cope with unforeseen events. Just like every home budget needs a savings account for emergencies, we need to preserve our strong Rainy Day Fund. An adequate Rainy Day Fun is critical to our ability to respond to and recover from disasters and emergencies, whether they’re natural or man-made.
  • Monday, May 21, 2012 • Austin, Texas • Noteworthy
    Texas Budget Compact, Pt. 3: No Tax Hikes
    One of the principles that separates Texas from the rest of the pack is our steadfast refusal to overburden taxpayers.
  • Monday, May 14, 2012 • Austin, Texas • Noteworthy
    Texas Budget Compact, Pt. 2: Spending Limit
    Keeping a tight rein on spending means fostering a solid, predictable economy, and a state government that doesn’t put off tough decisions until they create major complications.
  • Friday, May 11, 2012 • Austin, Texas • Noteworthy
    Texas Budget Compact, Pt. 1: Truth in Budgeting
    Truth in budgeting effectively means hitting the reset button on our budgeting process and putting an end to budgetary tricks and maneuvers that produce nothing but short-term solutions and long-term confusion.