A Fiscally Responsible State Budget
Nov 25, 2009
News from the Comptroller's office today warned that Texas' general revenue nearly matches the Legislature's spending appropriations.
In response to the Comptroller's report, David released the following statement: “We anticipated a slow recovery. That's why we saved $8 (billion) to $9 billion, and we are monitoring this on a monthly basis.If necessary, early next year we have the ability to slow down spending to ensure that lawmakers can balance the budget in 2011 without raising taxes.”