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, April 16, 2012 Houston, Texas Press Release
Gov. Perry Announces Texas Budget Compact
Wednesday, March 14, 2012 Austin, Texas Press Release
In Case You Missed It: Texas Leads the Nation in Transparency of Government Spending
Texas ranks #1 out of all 50 states for transparency of government spending, according to Following the Money 2012, an annual report produced by the United States Public Interest Research Group (U.S. PIRG).
Tuesday, July 26, 2011 Amarillo, Texas Press Release
Gov. Perry: Our Budget Positions Texas for Continued Job Creation and Prosperity
Tuesday, July 19, 2011 Austin, Texas Press Release
Legislative Accomplishments Keep Texas on Path to Prosperity
Gov. Rick Perry today signed Senate Bill 1 and Senate Bill 2, passed during the special session of the 82nd Legislature, which finalize a balanced budget for the 2012-13 biennium without raising taxes, allocating more than half of state funds to education and preserving $6 billion in the state's Rainy Day Fund. The governor has also signed legislation that reforms the Texas Windstorm Insurance Association (TWIA), enacts new congressional districts and Senate Bill 7, which will help contain costs in the Medicaid program and improve quality and efficiency in health care. Gov. Perry signed all eight bills that lawmakers sent to his desk during the special session.
Tuesday, May 31, 2011 Austin, Texas Press Release
Gov. Perry: Texas is on the Path to Even Greater Prosperity