TX Governor Launched "No Bailouts" Campaign the Same Day He Applied for a $6.4 Billion Federal Bailout
There are plenty of reasons to dislike three-term Texas Governor Rick Perry -- his belief that relations between gay men and women should be criminalized under sodomy laws, the way he's rolled back abortion rights for Texas women, his insistence that "intelligent design" be taught in public schools. And we can now add to the list Perry's hypocrisy with regards to government bailouts.
Perry is not the only Republican to have publicly trashed the Obama administration's American Recovery and Reinvestment Act while quietly begging for and accepting a much-needed bailout -- not by a long shot. But Perry's brand of hypocrisy is special in that he actually launched a "No Government Bailouts" campaign and published an anti-bailout op-ed in the Washington Times on the very same dayhe applied for ARRA funds.
Despite having $9.1 billion in surplus in a so-called "rainy day fund," Texas faced a $6.6 billion budget deficit in the 2010-11 fiscal years. To fill that gap, the state took $6.4 billion from the Obama administration and declared their budget gap covered, freeing up the Republicans who dominated the legislature to run on their fiscal responsibility....
A spokesperson for Perry told [CNN] that "Texas would have balanced its budget regardless of the presence of stimulus dollars."
If that was true -- that Texas would have been able to balance its budget without bailout money -- then why did Perry apply for and accept billions of dollars in bailout funds, especially when he thought those funds represented "irresponsible spending that threatens our future"?