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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 10-01-2013, 02:33 PM   #1
LovingKayla
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Default Oh my, what's that? This happened under Conservative leadership in Texas? Gosh, who'd a thunk it.

http://keeptexasworking.org/sp-raise...credit-rating/
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Gov. Rick Perry today released the following statement in response to Standard & Poor’s upgrading Texas’ credit rating:
“S&P’s decision to raise Texas’ credit rating to AAA is no accident, but further proof that the Texas model of conservative fiscal discipline is a key element of our strong economy, and a stark contrast to the out-of-control spending and rising debt ceilings of Washington, D.C. In Texas, we adhere to the powerful combination of keeping taxes low and government spending in check, ensuring Texas remains the best place in the country to live, work, raise a family and build a business.”
Related:
S&P raises Texas’s issuer credit rating to AAA »
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Old 10-01-2013, 02:35 PM   #2
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Let's see, Texas has been under "conservative leadership" since 1994. What took them so long, SLUNT?
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Old 10-01-2013, 02:40 PM   #3
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we now have a surplus, but ..


Under Texas law, the state may not spend more than the comptroller expects it to have. The 2011 estimate, in other words, meant that the state was in effect facing a budget shortfall of more than $20 billion. In order to stay in the black, Texas had cut spending across the board
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Old 10-01-2013, 02:46 PM   #4
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Wow, they cut spending.
There is a hell of an idea.
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Old 10-01-2013, 03:01 PM   #5
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cut off your dick ... theres a hell of an idea
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Old 10-01-2013, 03:38 PM   #6
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He'll do it for a grand!
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