Gov. Perry - A Fiscal Conservative

As the national and global economies struggle to recover from their financial woes, Texas is displaying strength that is built on conservative fiscal discipline.

  • Overcame Budget Shortfall. Back in 2003, Texas overcame a $10 billion budget hole without raising taxes by making tough choices to effectively prioritize and cut spending. Six years later, our Rainy Day Fund is on its way to $8 billion.
  • Reducing Spending. There have been only two state budgets since World War II that cut general revenue spending in Texas, and Gov. Perry signed them both. Gov. Perry has line-item vetoed more than $3 billion in unnecessary spending from state budgets, more than all other Texas governors combined.
  • Cutting Business Taxes. During the 81st Legislature, Gov. Perry called for and signed HB 4765, which exempts small businesses with less than $1 million in gross revenues from the state’s franchise tax, up from $300,000. This is expected to spare 40,000 small local employers from paying any franchise tax, saving them $172 million in taxes, money which now can go to paying employees, expanding their businesses and otherwise bolstering the Texas economy. In 2006, Gov. Perry also signed legislation, which has to date saved Texans an estimated $16.4 billion in property taxes.

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Read Related Press Releases, Blog Posts and News Articles about Gov. Perry's Fiscal Conservative Principles

Perry rips ‘out-of-control’ federal government over Texas land dispute

Fox News
<iframe width="560" height="315" src="//" frameborder="0" allowfullscreen></iframe> Texas Gov. Rick Perry joined his state’s top attorney on Wednesday in blasting the federal Bureau of Land Management over concerns that it may be looking at laying claim to thousands of acres of property in northern Texas.

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Human Events
Steven Greenhut
SACRAMENTO — Bob Lanier, a Texas-drawled Democrat who was Houston’s mayor throughout most of the 1990s, told a meeting I attended a few years ago that he fled his blue-collar hometown for Houston because it is an “open city” – a place where anyone from any background could succeed (or fail) based on his own merits.

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Gov. Perry: Government shouldn't set minimum wage; it's up to businesses

Texas Gov. Rick Perry says he doesn't believe the federal government should set a minimum wage. He says it should be up to small businesses to decide what they want to pay. He contends setting a higher minimum wage could results in job losses, and he vows to not support anything that is a job killer.

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Statement by Gov. Perry Regarding President Obama’s Comments about Obamacare and Texas

AUSTIN – Gov. Rick Perry today issued the following statement regarding President Obama’s comments in an interview with Univision Radio on Thursday about Obamacare and Texas:

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Rick Perry: Why I Spoke in Davos, Switzerland

Dallas Morning News
Rick Perry
Today, no discussion of the world’s economy or economic future is truly complete without including the state of Texas. That’s a point I made last week as I met with global leaders in business and government at the World Economic Forum in Davos, Switzerland.

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ICYMI: Governor Perry on CNBC this morning talking about Obamacare, energy and creating jobs

Discussing health-care reform, innovation and America's energy future from Davos, Switzerland, with Gov. Rick Perry, R-Texas. For the world to continue to grow, Saudi Arabia needs to be a major player, Perry says.

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Rick Perry Proposes Returning Unspent Taxes to Citizens

Jan. 30, 2013
Gov. Rick Perry used his State of the State address to call for amending the Texas Constitution to allow the state to return tax money it collects but doesn't spend back to its citizens. Perry told a joint session of the Legislature that he has "never bought into the notion that if you collect more, you need to spend more." "Today, I'm calling for a mechanism to be put in place so when we do bring in more than we need, we'll have the option of returning tax money directly to the people who paid it," the governor said Tuesday. "Currently, that's not something our constitution allows. We need to fix that."

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Rick Perry Calls on Texas Lawmakers to Practice Truth in Budgeting

September 26, 2012
KYFO News Talk 790 AM
Cole Shooter
Governor Rick Perry preemptively encouraged state legislators to use the session as an opportunity to reset Texas’ budgeting process, and end budgetary measures that produce only short-term solutions.

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