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Mon April 16, 2012
Perry To Lawmakers--No New Taxes Or Increases
HOUSTON (AP) — More than eight months before the Texas Legislature reconvenes, Gov. Rick Perry is warning lawmakers he'll oppose any new taxes and boosts to levies already on the books.
The governor also says a good chunk of the state budget goes to Medicaid costs that only will rise if the U.S. Supreme Court doesn't throw out President Barack Obama's health care law.
Perry appeared Monday at a Houston moving company that he said was typical of businesses with annual revenues of less than $1 million. He says such companies would benefit from a business tax exemption that should be made permanent.
Texas is in the midst of a two-year budget lawmakers passed last year that included state spending cuts of almost $15 billion.
Copyright 2012 The Associated Press.