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 06, 2011 • Austin, Texas • Press Release
    Gov. Perry: Texas Must Remain Vigilant in Effort to Streamline Government
    Gov. Rick Perry today received recommendations from the Task Force on Unfunded Mandates, which he appointed in February to identify burdensome, unfunded mandates that have been passed down from the state to local governments. The governor's office will review the report and work with lawmakers and state agencies to determine which recommendations should be implemented.
  • Wednesday, May 04, 2011 • Austin, Texas • Press Release
    Statement by Gov. Rick Perry on Senate Passage of House Bill 1
    The Senate, House and Governor's Office will now begin working to resolve budget differences during the conference committee process, and pass a balanced two-year state budget we can all be proud of.
  • Monday, April 18, 2011 • Austin, Texas • Press Release
    Gov. Perry: Commitment to Fiscal Responsibility Will Keep Texas the Envy of the Nation
    Gov. Rick Perry today touted Texas’ successful approach to job creation and economic development, and recognized the impact of Dr. Arthur Laffer’s economic principles to Texas’ successful economic approach. The governor spoke at the launch of the Laffer Center for Supply-Side Economics, established in partnership with the Texas Public Policy Foundation.
  • Sunday, April 03, 2011 • Austin, Texas • Press Release
    Statement by Gov. Rick Perry on Passage of House Bill 1
    Gov. Rick Perry today issued the following statement on the passage of House Bill 1
  • Tuesday, March 15, 2011 • Austin, Texas • Press Release
    State Leaders Reach Consensus on Closing FY 2011 Budget Gap
    Gov. Rick Perry, Speaker Joe Straus and Comptroller Susan Combs today announced the decision to close out the Fiscal Year 2011 budget gap by implementing $800 million in cuts, using $300 million from increased sales tax collections over the last few months, and using a one-time draw not to exceed $3.2 billion from the state's Economic Stabilization Fund, also known as the Rainy Day Fund.