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Big Texas Deficit Puts Governor in Tight Spot
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Candidate
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| Contributor | Jason |
| Last Edited | Jason May 26, 2010 02:49am |
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| Category | General |
| Author | Ana Campoy |
| Media | Newspaper - Wall Street Journal |
| News Date | Wednesday, May 26, 2010 08:00:00 AM UTC0:0 |
| Description | DALLAS—A Texas-size hole in the Lone Star state's budget is putting pressure on Gov. Rick Perry, who is running for re-election this year as a model fiscal conservative.
Mr. Perry, a Republican in office for a decade, is touting his tax-cutting prowess and tight-fisted spending record as proof that he remains the right man for the job. He has maintained a wide lead in polls.
But as the state's budget shortfall widens—to as much as $18 billion, or about 20% of the next two-year budget, according to the state legislature's latest analysis released earlier this month—critics are complaining that Mr. Perry's policies have left the state with little room to reduce spending.
"There is no way that they will be able to come up with $18 billion in cuts," said Eva DeLuna Castro, a senior budget analyst at the Center for Public Policy Priorities, a nonprofit that advocates for low-income Texans. "They would have to shut down our prison system." |
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