King Passes Spending Cap Amendment

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For Immediate Release –
May 2, 2013

King Passes Spending Cap Amendment

AUSTIN – Today, State Representative Phil King (R-Weatherford) successfully amended H.B. 7, a bill dealing with certain revenues and accounts, to put in place a more stringent spending cap for the legislature.

The amendment states that the legislature may not spend more than the rate of growth in population of the state plus the rate of growth of inflation.

“Texas has done a good job of being fiscally responsible with its spending during the tough economic times we have faced over the past few years,” King explained, “However, it is very important that we implement a conservative spending cap to ensure that even in the good times, Texas does not become irresponsible with its taxpayers’ dollars like the federal government has done.”

The bill will now go to the Senate for consideration along with King’s amendment.

 

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One response

  1. Senator_Blutarsky | Reply

    Pathetic……….the headline is very misleading……….nothing has “passed”, for starters.

    Then look at this WHOPPER of an inuendo-
    ” Texas does not become irresponsible with its taxpayers’ dollars like the federal government has done.”……………..YOU-King, of all people, should know. It is much more devious to attempt to siphon off BILLIONS from the treasury to be put in the hands of APPOINTED Boards, and removed from taxpayer-voters direct scrutiny . Like the Toll Roads you championed ( and have silently approved ever since ).

    By being the poster boy for PPPs & CDAs , your ilk can privatize the profits or place losses back on the taxpayers, and claim you are a fiscal “conservative”.

    heavens……..the charlatans and shell-game conmen in a 2-bit circus are more honest.

    Our elected representatives and PUBLIC SERVANTS , from city-county-school boards, to offices in Austin or DC, should be cautious STEWARDS of the public treasury and the public trust. Parker County is not getting that at any level.

    “Government is instituted for the common good; for the protection, safety,
    prosperity, and happiness of the people; and not for profit, honor,
    or private interest of any one man, family, or class of men.”
    — John Adams

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