Oh my, what's that? This happened under Conservative leadership in Texas? Gosh, who'd a thunk it.

LovingKayla's Avatar
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 »
Yssup Rider's Avatar
Let's see, Texas has been under "conservative leadership" since 1994. What took them so long, SLUNT?
CJ7's Avatar
  • CJ7
  • 10-01-2013, 01:40 PM
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
Gotyour6's Avatar
Wow, they cut spending.
There is a hell of an idea.
CJ7's Avatar
  • CJ7
  • 10-01-2013, 02:01 PM
cut off your dick ... theres a hell of an idea
Yssup Rider's Avatar
He'll do it for a grand!