Archive for the ‘Greater Houston Partnership’ Category

Cutting Back on State Spending
October 14, 2008

Tough economic times are forcing a lot of people to cutback on unnecessary spending, and now it looks like the state is also about to do some belt tightening. 

 

 Governor Rick Perry will speak to an audience Wednesday at a luncheon sponsored by the Greater Houston Partnership.

He will deliver his annual “state of the state” speech, and this year he will likely focus on the national economic crisis and its impact on the great state of  Texas.

The governor says that overall the state’s economy remains strong.

In a letter sent to state board chairs and state agency leaders  on Tuesday, Governor Perry ordered them to submit plans in the next ten days on how they will reduce travel and curtail spending.

Given the uncertainties of the nation’s financial difficulties, Perry also urged them to re-examine their Legislative Appropriations Request for the 2010 – 2011 biennium so that, “they are prepared to continue to put taxpayers first should economic conditions worsen.”

2 on the Beat thinks this is a good news/bad  news situation.

The state should do some belt – tightening during these tough times, but it is very likely that funding will be slashed for some really important programs.

We’ll have to keep an eye on what happens.

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