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Old 06-27-2009, 03:42 PM
 
Location: Western Bexar County
3,823 posts, read 14,668,971 times
Reputation: 1943

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Though not much, Texas is now borrowing from the US.:

Texas borrows $160M for unemployment (http://www.mysanantonio.com/news/Texas_borrows_160_million_from_feds_for_unemployme nt.html - broken link)
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Old 06-27-2009, 05:17 PM
 
Location: The Village
1,621 posts, read 4,594,058 times
Reputation: 692
Quote:
The stimulus money would have reduced how much Texas had to borrow and would have lowered the tax increase that state employers will face next year to raise the money needed to pay back the loans.

But the amount the state would need to borrow became controversial earlier this year after Gov. Rick Perry refused to support taking $550 million in federal stimulus money because it only could be accepted if unemployment coverage in Texas was broadened.
What a bright move by Gov. Goodhair!

Did he think we weren't going to have to pay taxes for the money he didn't take?!
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Old 06-28-2009, 12:39 AM
 
Location: Metromess
11,798 posts, read 25,185,132 times
Reputation: 5220
I thought it was unconscionable. All it did was show how little the Gov cares about the unfortunates who have lost their jobs.
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Old 06-28-2009, 10:33 AM
 
Location: Hutto, Tx
9,249 posts, read 26,693,254 times
Reputation: 2851
I think it was a good move personally. I don't want our state to have to be beholden to the strings the federal government puts on that money.
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Old 06-28-2009, 01:14 PM
 
Location: Western Bexar County
3,823 posts, read 14,668,971 times
Reputation: 1943
Quote:
Originally Posted by love roses View Post
I think it was a good move personally. I don't want our state to have to be beholden to the strings the federal government puts on that money.
Not a new concept. The federal government has "strings" on many monies it hands out, and many that Texas accepts, such as roads.
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Old 06-28-2009, 01:43 PM
 
Location: Hutto, Tx
9,249 posts, read 26,693,254 times
Reputation: 2851
That one still irritates me, especially since I live near one of them (That he gave to Spain).
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Old 06-28-2009, 08:05 PM
 
Location: The Village
1,621 posts, read 4,594,058 times
Reputation: 692
Quote:
Originally Posted by love roses View Post
I think it was a good move personally. I don't want our state to have to be beholden to the strings the federal government puts on that money.
Yes, because broadening unemployment coverage is a TERRIBLE string to attatch to a free HALF A BILLION DOLLARS!
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Old 06-29-2009, 12:35 AM
 
Location: Hutto, Tx
9,249 posts, read 26,693,254 times
Reputation: 2851
I'll have to look for links because what I heard is that it wasn't a free half a billion.
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Old 06-29-2009, 09:49 AM
 
Location: The Village
1,621 posts, read 4,594,058 times
Reputation: 692
Quote:
Originally Posted by love roses View Post
I'll have to look for links because what I heard is that it wasn't a free half a billion.
Not free, because we all still have to pay taxes on it, but he is not taking money that the federal government is giving him from the stimulus package without need to pay money back to the federal government.

So, really, he's just giving the federal government a free $550m of Texan taxpayers' dollars.
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