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

Council for Citizens Against Government Waste PAC Endorses Gov. Perry for Re-Election

February 19, 2010
<em>Texans for Rick Perry releases new radio ad, “Endorsement”</em> AUSTIN – Gov. Rick Perry today received the endorsement of the Council for Citizens Against Government Waste (CCAGW) PAC for re-election in 2010. Texans for Rick Perry also released a new radio ad, “Endorsement,” featuring Tom Schaz, chairman of the CCAGW PAC, which is now airing across Texas and is available at <a href="http://www.youtube.com/watch?v=qSEHVIGg6Qs">www.YouTube.com</a>. <center><object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/qSEHVIGg6Qs&hl=en_US&fs=1&rel=0"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/qSEHVIGg6Qs&hl=en_US&fs=1&rel=0" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="560" height="340"></embed></object></center> "Senator Kay Bailey Hutchison talks like a fiscal conservative back home, but acts like a big spender in Washington," said Schatz. "She asked for $1.6 billion in earmarks last year, and called earmarking ‘a legitimate role of Congress.’ That is one reason why Senator Hutchison came in second in the voting for 2009 Porker of the Year to liberal Democrat Barney Frank. She also has one of the worst CCAGW vote ratings on wasteful spending and taxes among Senate Republicans. Her record stands in complete contrast to Governor Rick Perry, who has held the line on taxes, demanded greater transparency in the state budget, and vetoed $35.8 million in earmarks in 2007. Governor Perry is the real fiscal conservative in the race for governor. That is why the CCAGW PAC has endorsed Governor Perry and why Texans should vote for him in the March 2nd primary.” The mission of the Council for Citizens Against Government Waste (CCAGW) is to advocate the elimination of waste and inefficiency in government through nonpartisan public education programs. Each year, CCAGW tabulates its Congressional Ratings, evaluating how each member of Congress measures up on key tax and spending votes. “I am honored to receive the endorsement of the Council for Citizens Against Government Waste PAC,” said Gov. Perry. “Their mission to eliminate waste, mismanagement and inefficiency in the federal government is to be commended. In Texas, I have worked with the legislature to cut taxes, reduce spending, and eliminate waste while calling for increased transparency. Because of these efforts, our state is best positioned to weather the current challenging economic climate.” <em>Below is the script and sourcing materials for “Endorsement.”</em> <strong>“Endorsement” Script</strong> This is Tom Schaz, chairman of the Council for Citizens Against Government Waste PAC. Senator Kay Bailey Hutchison talks like a fiscal conservative back home, but acts like a big spender in Washington. She asked for $1.6 billion in earmarks last year, and called earmarking “a legitimate role of Congress.” That is one reason why Senator Hutchison came in second in the voting for 2009 Porker of the Year to liberal Democrat Barney Frank. She also has one of the worst CCAGW vote ratings on wasteful spending and taxes among Senate Republicans. Her record stands in complete contrast to Governor Rick Perry, who has held the line on taxes, demanded greater transparency in the state budget, and vetoed $35.8 million in earmarks in 2007. Governor Perry is the real fiscal conservative in the race for governor. That is why the CCAGW PAC has endorsed Governor Perry and why Texans should vote for him in the March 2nd primary.

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Gov. Perry Speaks at Tenth Amendment Town Hall

February 15, 2010
<em>Calls for restoration of state’s sovereignty and increased accountability in Washington</em> PLANO – Gov. Rick Perry today spoke at the Texas Conservative Coalition’s Tenth Amendment Town Hall to discuss solutions to restore Texas’ constitutional rights and hold Washington accountable for its increasingly intrusive and fiscally irresponsible policies. “Our voices here in Texas are being joined by a chorus of concerned citizens from across the country frustrated with a federal government that is rewriting the basic rules to expand its power and intrude further into our lives,” said Gov. Perry. “We’re not here to preach rebellion, subversion or insurrection, but to express our love for the greatest country on earth and discuss how to keep it from running off a cliff. We are part of a growing movement in this nation of sensible people from every race, creed and political party who cannot abide the ongoing assault on the values that made our nation great and the freedoms that set us apart.” Gov. Perry pointed to the president’s newest budget numbers, which anticipate more than $5 trillion in deficits over five years, as the most recent example of the federal government’s ongoing failure to reign in its out-of-control spending. Furthermore, Congress has also sent legislation to the president allowing the U.S. to borrow another $1.9 trillion and hiking the national debt ceiling to an historic $14.3 trillion. These recent fiscal projections, combined with the Inspector General’s report on bailout legislation that points to possible criminal and civil fraud, tax evasion, insider trading, and public corruption, are evidence of the increasing need for stronger accountability in Washington. “It is well past time for us to halt the endless intrusions into our lives, put a stop to the out-of-control spending and restore our commitment to a set of shared values: life, liberty and the pursuit of happiness,” said Gov. Perry. “It’s time for the federal government to be less intrusive and more respectful of the wishes of the states and their citizens. We know that the route to success is lower taxes, smaller government and freedom for every individual, because it works for Texas.” Gov. Perry pointed to recent analysis of Texas economist Ray Perryman who has noted that Texas is the “last in and first out” when it comes to the current economic downturn, because of the state’s job growth at the end of 2009 and an unemployment rate that has remained nearly two points below the national average. The Texas Workforce Commission has also reported that Texas created more private sector jobs than any other state in the nation over the last 10 years and has the lowest unemployment rate among the 10 largest states in the nation, while Forbes magazine listed Texas’ debt level as the lowest of the ten largest states. Furthermore, Texas was last week named the top exporting state in the country for the eighth straight year. The governor also spoke for the need of a balanced budget amendment to the U.S. Constitution, calling on states to lead the effort in pushing such limits, since leaders in Washington won’t do it on their own. In Texas, Gov. Perry has proposed amending the state’s constitution with two key provisions: requiring a two-thirds vote of the Legislature to approve tax increases and limiting spending growth to the combined growth rates of Texas’ population and inflation. Both measures will ensure the continued fiscal discipline that allowed Texas to balance its budget in 2009, while setting aside billions for its Rainy Day fund and cutting taxes for more than 40,000 small businesses. “We don’t ask for much: we simply want the powers-that-be in Washington to re-read the Constitution, retreat to the boundaries established by that remarkable document and free up our citizens to compete and prosper,” said Gov. Perry. “If we do this, our nation will remain strong and our state will continue to lead in all the categories that matter.”

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VIDEO: "Leader"

The Republican primary for Texas Governor takes place on March 2, but early voting in Texas begins February 16 and runs through the 26th. The momentum behind the Governor's campaign is palpable, and the campaign made this new video that you can share with your friends and neighbors to help fire up your fellow Texans about getting out and voting early for Governor Rick Perry:

Find your early voting location here.

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Grover Norquist Endorses Gov. Perry for Re-election

February 15, 2010
AUSTIN – Gov. Rick Perry today received the endorsement of Grover Norquist, president of Americans for Tax Reform and national chairman of the Reagan Legacy Project, for re-election in 2010. “Gov. Perry is the strongest pro-taxpayer governor in the country and a national leader in promoting greater spending transparency in government,” said Norquist. “He has consistently held the line on spending and worked hard to create a low-tax climate that has allowed people in the state of Texas to succeed and thrive. Other states and our nation’s federal government would do well to follow the example Gov. Perry has set which has offered a promising and proven alternative to the one-size-fits-all spending mentality embraced by too many leaders in this country.” Norquist is president of Americans for Tax Reform (ATR), a coalition of taxpayer groups, individuals and businesses opposed to higher taxes at the federal, state and local levels. ATR organizes the Taxpayer Protection Pledge, which asks all candidates for federal and state office to commit themselves in writing to oppose all tax increases. To date, 172 House members and 34 senators have taken the pledge. On the state level, more than 1100 state legislators and 7 governors, including Gov. Perry, have taken the pledge. Norquist is also a board member of the National Rifle Association of America and the American Conservative Union, and president of the American Society of Competitiveness. He is contributing editor to the American Spectator Magazine and author of Leave Us Alone – Getting the Government’s Hands Off Our Money, Our Guns, Our Lives. “I’m proud of what we have done in Texas to uphold an environment that has created the freedom for entrepreneurs to risk their capital and reap a reward, by reigning in spending, maintaining low taxes, and upholding a reasonable legal and regulatory climate,” said Gov. Perry. “I look forward to continue working with leaders and officials across our state to uphold these principles and find even more ways to strengthen our economy and attract the jobs, businesses and investment that are crucial to fostering opportunity and prosperity for Texans.”

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Texas exported $163 billion in goods in 2009

February 11, 2010
San Antonio Business Journal
Gov. Rick Perry said Thursday that Texas has been ranked the country’s No. 1 exporting state in the United States for the eighth consecutive year. He credited the state’s economic environment — including its low taxes, a favorable regulatory climate and a skilled and educated workforce — for holding that distinction. “Texas leads the nation in so many positive categories, from Fortune 500 companies to job creation, and we owe it to our citizens to continue our economic success by adhering to our proven fiscal disciplines,” Perry says. “Our principled leadership has created an environment that allows us to compete for jobs, investment and business, and defend the economic climate that has made Texas the top exporting state in the nation for the eighth straight year.” Texas’ exports totaled more than $163 billion for 2009, with the top export recipients being Mexico, Canada, China, the Netherlands and Korea. These countries imported $56 billion, $13.7 billion, $8.9 billion, $6 billion and $5.3 billion in Texas-manufactured goods, respectively. Texas’ top exporting industries in 2009 were computers and electronics, chemicals, machinery, petroleum and coal, and transportation equipment. He also credited the Texas Enterprise Fund for helping to attract businesses, jobs and investment to the state. The fund was instrumental in convincing Allstate Insurance Co. to establish a bilingual call center in San Antonio and create up to 600 jobs. San Antonio and six metropolitan areas in Texas are expected to be among the first to emerge from the recession, according to Moody’s Economy.

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Texas Economic Development Council PAC Endorses Gov. Perry for Re-election

February 9, 2010
AUSTIN – Gov. Rick Perry today received the endorsement of the Texas Economic Development Council PAC for re-election in 2010. "Gov. Perry's success in support of economic development in Texas is unparalleled in our state's history. His work to create the Texas Enterprise Fund and the Texas Emerging Technology Fund have helped create over 50,000 jobs and billions in capital investment,” said Texas Economic Development Council President/CEO Carlton Schwab. “He has been the key leader in the economic development success our state has had over the past decade and we owe a lot to his leadership."
Texas Economic Development Council PAC

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Texas adds 50,000 jobs in fourth quarter

February 8, 2010
Dallas Business Journal
Texas added 50,000 new jobs in the fourth quarter and activity in the new housing sector remains strong in both Dallas and Houston, according to a new study by SigmaBleyzer. The Lone Star State has one of the lowest unemployment rates in the nation. The positive quarterly job numbers come despite the state losing 24,000 jobs in the construction, trade, transportation and hospitality sectors in December. According to a recent Texas Workforce Commission report, Texas experienced employment increases in education, health care, mining and logging. The study also focused on the broader economy of Texas, which remains under a downturn, but holds a positive outlook for the coming year. Among residential housing, some signs of recovery are beginning to emerge, according to the report. Texas has one of the fastest population growth rates in the country, which the report says should sustain long-term demand for housing. According to the U.S. Census Bureau, about 27 percent of all new privately-owned housing units in the nation’s 20 largest cities were located in Dallas or Houston. The state’s export activity continues to recover as high oil prices and improving foreign demand for high-tech manufacturing increase. Texas remains the largest exporter for the eighth consecutive year. In the first 11 months of 2009, Texas exports only fell by 18 percent, compared to the 21 percent decline nationally. “This resilience of Texas exporters should help keep the state’s economy on more sustainable footing as the U.S. economic recovery becomes increasingly dependent on the strength of foreign demand,” the report by the Houston-based private equity firm stated.

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Texans for Rick Perry releases new ad, “Tough Decisions”

Below is the script and sourcing information for the latest ad from Texans for Rick Perry, “Tough Decisions.”

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Rejecting Race to the Top funds was an easy call

February 4, 2010
Austin American Statesman
Rick Perry
Based upon the reaction out of Washington, I must have touched a nerve when I announced that Texas won't be pursuing the strings-attached federal stimulus funds known as Race to the Top (RTTT). President Barack Obama and his administration have put a target on the backs of Texas leaders, taxpayers and employers because state leaders and lawmakers have proven that conservative principles can balance budgets, improve schools, clean the environment and help entrepreneurs create jobs. Texans have also led the 10th Amendment charge to protect state sovereignty from threats like Obama's latest effort to circumvent the right of states to determine how to best educate their children. The problem with RTTT funding is clear: Under the program's rules, Washington gives preference and dollars to states that agree to adopt national standards that haven't even been written yet. Texans strongly support the high standards and strong accountability for our schools that have made us a national leader in both categories. Other states are even studying our approach, the first in the nation to make a college-preparatory curriculum the default for every student, as a basis for their own standards. Texas is home to some of the country's most innovative charter schools, with more than 115,000 students on nearly 500 campuses. It has the largest merit pay program for outstanding public school teachers. I've also recently announced efforts to make it easier for students to learn via the Internet and called on legislators to bulk up our instruction in critical areas like science, technology, engineering and math. I suspect there is some head-scratching going on in our nation's capital as federal officials try to figure out how our test scores are rising and our dropout rate falling without mandates or bribes from Washington. Put simply, we have poured our efforts into preparing the state's students for the jobs of tomorrow. Considering Texas is among the nation's leaders in standards, I imagine whatever federal standards are eventually agreed upon will be weaker than the ones we have now. Adding injury to insult, the price tag to change all our text books and instructional materials to comply with Washington's vision for public education would be about $3 billion. In return, Texas could expect to get back from Race To The Top as little as $75 a student, barely enough to fund our state's educational system for two days. So turning down the strings-attached stimulus money was an easy call — in terms of ensuring our children get the best education possible and in simple matters of dollars and cents. A few days after I made that announcement, the president said he wanted another $1.35 billion in borrowed dollars to expand RTTT so he could sidestep states and appeal directly to individual school districts that might be willing to sign away their authority in return for a quick infusion of some federal cash. Why are Obama and his allies so insistent on funding only those who will accept federal strings and standards? Why not just fund good programs, like we do in Texas? An answer might be found in a speech Secretary of Education Arne Duncan delivered early last year. Duncan said, "If we accomplish one thing in the coming years, it should be to eliminate the extreme variation in standards across America." Let's set aside the argument that the "variation in standards" among states fosters innovation and a healthy competition that drives standards ever higher all over the country. That's not what this seems to be about. This seems to be about one thing, and one thing only: federal control. Washington doesn't have an issue with our programs. Washington doesn't have an issue with our academic or accountability standards. It just wants to make sure it calls the shots, not Texas educators, school boards and other elected officials. Should Washington drop its focus on the adoption of national standards and simply allow states the freedom to use this money to fund quality programs on a one-time basis, we can consider possibly applying for future grants. Until then, however, the education of our children is far too important to entrust to some federal bureaucrat toiling in a distant federal building. In Texas, we are fighting to maintain our freedom to hold our children to high standards, because that's the only way Texas will maintain its established reputation as a national leader in job creation, innovation and quality of life.

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Gov. Perry Promotes Texas’ Fiscal Responsibility While Washington Proposes Trillions in Deficit Spending and Bailout Revelations

February 2, 2010
<em>Stresses education and job creation as keys to continued success during visits to small businesses in Dallas and Amarillo</em> DALLAS – Gov. Rick Perry today shared his message of fiscal responsibility during a visit to Texas Instruments. The governor spoke against Washington’s out of control spending, specifically noting the most recent budget that anticipates more than $5 trillion in deficit spending over the next five years, and noted reports of illegal activity related to the $700 billion Wall Street bailout. Earlier Tuesday, Gov. Perry spoke in Amarillo. “This is just another example of the folks in Washington spending money they don’t have on solutions they haven’t thought through for problems they don’t really understand in an attempt to make people more dependent on them,” said Gov. Perry. “When you add in the latest revelations from the Inspector General reviewing the bailouts, including possible criminal and civil fraud, tax evasion, insider trading, and public corruption, you really have to wonder if the word ‘accountability’ is anywhere in Washington’s vocabulary.” Gov. Perry further emphasized the importance of fiscal discipline by reiterating the need for Texas to amend its constitution with two key provisions: requiring a two-thirds vote of the Legislature to approve tax increases and limiting spending growth to the combined growth rates of Texas’ population and inflation. Both amendments will ensure the continued fiscal discipline that allowed Texas to balance its budget in 2009 while setting aside billions for its Rainy Day fund and cutting taxes for more than 40,000 small businesses. In his remarks, Gov. Perry also stressed the importance of strengthening Texas’ education while maintaining a focus on job creation efforts as the keys to preparing an equipped workforce and overcoming the challenges of the struggling national economy. He reiterated his recent proposal calling on the Texas Education Agency and the Department of Public Safety to work with local school districts to further leverage the privilege of a driver’s license as an incentive to keep students engaged in the education process. To ensure Texas continues providing a strong education to meet the challenges of an increasingly competitive workplace, Gov. Perry has announced a proposed expansion of the state’s Virtual School Network to improve access to high quality, online courses for high school students and help recapture students who have dropped out of school. Gov. Perry has also called on doubling the number of Texas Science, Technology, Engineering and Math (T-STEM) academies in an effort to educate more Texas students in the subjects required of an increasingly high tech economy and workplace, and expanding the UTeach Program in an effort to recruit university students earning math and science degrees into teaching. Gov. Perry also credited the comparative strength of Texas’ economy to four principles that Texas leaders have upheld including fiscal restraint, a predictable regulatory climate, a reasonable and fair legal system, and an accountable public school system that is better preparing our children to compete in the workforce. “Because we have kept it simple and stuck to our guns, entrepreneurs know that they can succeed on their own merits without being taxed, regulated and frivolously sued out of existence,” said Gov. Perry. “They also know that our workforce is getting stronger by the day because we have improved the quality of public education by emphasizing accountability, teacher incentive pay and mastery of the basic subjects.” Acknowledging the challenging economic climate posed by the national recession, the governor pledged to keep working until every Texan who wants a job has a job and noted that Texas’ commitment to upholding a business-friendly climate will lead the state to continued economic success. Texas economist Ray Perryman recently noted that Texas is the “last in and first out” when it comes to the current economic downturn, pointing to the job growth that Texas has experienced in three of the past six months. The Texas Workforce Commission has also reported that Texas created more private sector jobs than any other state in the nation over the last 10 years and has the lowest unemployment rate among the 10 largest states in the nation. “The story of hardworking innovators coming together to attract the best and brightest is played out again and again all across Texas as people take advantage of the job-friendly climate we’ve created and risk their capital in pursuit of a vision,” said Gov. Perry. “The fact is, even though no one is immune to the effects of the economic downturn, Texas is better off than just about every other state, thanks to years of disciplined conservative leadership at every level.”

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