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

• 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.
  + Watch Interview of Roger Keats, Former Illinois State Rep., State Senator
• 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.
• Tuesday, March 08, 2011 • Dallas, Texas • Press Release
  Gov. Perry: We Must Continue to Create Opportunity for Texas Families and Employers
  
  Gov. Rick Perry today highlighted the importance of strengthening the sound fiscal principles that have made Texas the best state to live, work and raise a family, and reiterated his commitment to preserving the state's Rainy Day Fund. The governor traveled to Tyler and then to Dallas, where he was joined by Americans for Tax Reform President Grover Norquist, Texas Public Policy Foundation Center for Fiscal Policy Director Talmadge Heflin and Texans for Fiscal Responsibility President Michael Quinn Sullivan to discuss the state budget and Texas' job friendly economic climate.
  » Read the Speech: Gov. Perry: We Must Continue to Create Opportunity for Texas Families and Employers
  + Watch Interview of Grover Norquist, Americans for Tax Reform
  + Watch Interview of Andy Ellard, Co-Owner, Manda Machine Company
  + Watch Interview of Michael Quinn Sullivan, President of Texans for Fiscal Responsibility
• Wednesday, January 12, 2011 • Austin, Texas • Press Release
  Gov. Perry: Fiscal Responsibility Will Guide Texas through Budget Process
  
  Gov. Rick Perry today met with Lt. Gov. David Dewhurst and Speaker Joe Straus to discuss priorities for the 82nd Legislative Session, primarily their commitment to balancing the state budget using the shared guiding principles of not raising taxes on Texas families and businesses; working with the available revenue; and evaluating all programs and agencies as state leaders scrub the budget.
  » Read the Speech: Gov. Perry: Fiscal Responsibility Will Guide Texas through Budget Process
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