|Solution? Obama to Raise Taxes; Gov. Perry to Lower Taxes|
|by Tom McGregor||Thu, Feb 14, 2013, 09:41 PM|
In his state of the state address, Texas Gov. Rick Perry, a Republican, announced his plans to invest billions of dollars in water and transportation, as well as on tax relief.
The Houston Chronicle reports that, “Perry did push for tax relief of at least $1.8 billion over two years in a speech to a joint session of the Legislature in the House chamber, asking for feedback from Texans on exactly what form it should take. The relief would be paid for in part by taking money from the state rainy day fund, according to his proposed budget.”
He requested state lawmakers dip into the rainy day fund for $3.7 billion to fund water and transportation infrastructure, which is crucial to the Lone Star state’s economic development and quality of life for Texans.
According to the Houston Chronicle, “he highlighted South Texas higher education, calling for the region to get access to the Permanent University Fund that benefits other institutions in the University of Texas and Texas A&M systems.”
Perry said, “this area of the state is critical to our state’s future, and our investments in the children of South Texas will return to us a thousand-fold.”
To read the entire article from the Houston Chronicle, link here:
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