Young Minority Conservatives: Texas Legislature Agrees on Fiscally Responsible Budget

Friday, May 20, 2011

Texas Legislature Agrees on Fiscally Responsible Budget

A budget that remains fiscally responsible and allows citizens to determine where their financial resources go, will maintain Texas' flourishing economy. The state legislature has formulated a budget that will permit Texans to maintain their independent culture and the freedom to thrive. The press release below from the Texas Public Policy relays more of the details.

In essence, Texas culture will continue to live out its meaning where freedom rings true, spanning the wide-open plains and its motto remains “everything is bigger and better in Texas.”

Statement on the House-Senate budget agreement

Statement by The Honorable Talmadge Heflin, Director of TPPF’s Center for Fiscal Policy:

“This state budget deal is a victory for all Texans – and especially for the Texans who worked hard over the past several months to remind our legislators that they wanted a fiscally conservative state budget. The announced budget deal is a win for Texas on three specific points:

· It does not use a single penny of the rainy day fund for the next biennium.

· It does not raise taxes.

· It does represent the first all-funds reduction to a biennial state budget in the past half-century.

“What happened in the Texas Legislature this session is more than just a victory for Texans. It's a victory for America. Texas already leads the way in job creation, economic vitality, and economic liberty. Now Texas is leading the way in the most important cause facing our country: the need to live within our means.

“Today, in Austin, Texas, the men and women of our legislature showed it can be done. That's a tremendous accomplishment for Texas – and it's a shining beacon of hope for America.”

The Honorable Talmadge Heflin is Director of the Center for Fiscal Policy at the Texas Public Policy Foundation. Heflin served 11 terms in the Texas House of Representatives and chaired the House Appropriations Committee in 2003, leading the Texas Legislature’s successful efforts to close a $10 billion budget deficit without a tax increase.