Perry's office: Don't mess with job-creating funds
AUSTIN, Texas
Top aides to Gov. Rick Perry said Thursday that it would be unwise for the next Texas governor to uproot lucrative taxpayer-footed business funds that are legacies of Perry's 14 years in office but have become less popular among Republicans.
Their defense coincided with another of Perry's out-of-state trips to lure more companies to Texas, this time in New York.
With just eight months left in office, Perry's office is making a renewed case for two pet programs that have given a combined $600 million to small startups and restless businesses as his possible successors question whether the state has gotten its money's worth.
The Texas Enterprise Fund will run out of money to hand out by next year unless replenished, said Jonathan Taylor, the director of economic development in Perry's office. The Emerging Technology Fund has also been impacted by a waning financial commitment from the Legislature's budget-writers in recent years.
More at http://www.statesman.com/ap/ap/texas/as-perry-visits-ny-job-funds-set-for-new-scrutiny/nfgmK/ .