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opcorn2
Texas balanced budget with stimulus money from Washington
Tami Luhby, senior writer, On Monday January 24, 2011, 7:29 am EST
Texas Gov. Rick Perry likes to tell Washington to stop meddling in state affairs. He vocally opposed the Obama administration's 2009 stimulus program to spur the economy and assist cash-strapped states.
Perry also likes to trumpet that his state balanced its budget in 2009, while keeping billions in its rainy day fund.
But he couldn't have done that without a lot of help from ... guess where? Washington.
Turns out Texas was the state that depended the most on those very stimulus funds to plug nearly 97% of its shortfall for fiscal 2010, according to the National Conference of State Legislatures.
more here....
http://finance.yahoo.com/news/Texas...9.html?x=0&sec=topStories&pos=9&asset=&ccode=
opcorn2 Texas balanced budget with stimulus money from Washington
Tami Luhby, senior writer, On Monday January 24, 2011, 7:29 am EST
Texas Gov. Rick Perry likes to tell Washington to stop meddling in state affairs. He vocally opposed the Obama administration's 2009 stimulus program to spur the economy and assist cash-strapped states.
Perry also likes to trumpet that his state balanced its budget in 2009, while keeping billions in its rainy day fund.
But he couldn't have done that without a lot of help from ... guess where? Washington.
Turns out Texas was the state that depended the most on those very stimulus funds to plug nearly 97% of its shortfall for fiscal 2010, according to the National Conference of State Legislatures.
more here....
http://finance.yahoo.com/news/Texas...9.html?x=0&sec=topStories&pos=9&asset=&ccode=
