Quote:NEW YORK (CNNMoney) -- Texas could see more than 600,000 jobs disappear if lawmakers adopt the $83.8 billion budget that will go before the state House late next week, according to a state agency.
Harsh spending cuts in the budget could cost more than 263,500 private sector jobs and 343,000 government positions over the next two years, according to estimates released Wednesday by the Legislative Budget Board, a bipartisan committee.
This projection, which is based on mathematical calculations, runs counter to the pro-job push underway by Gov. Rick Perry and Republican lawmakers.
The budget slashes spending by nearly $23 billion, or 12.3%. The drop reflects the loss of federal stimulus money, but it also includes a $4.5 billion cut in state spending. Education, social service agencies and public health providers would see major funding decreases.
Democrats immediately pounced on the report, using it to argue that lawmakers should tap the state's rainy day fund and take other steps to save the jobs.
I keep seeing the new GOP budget plans in states where they have the power, and for some reason they all seem to be cutting huge numbers of jobs! Same thing in D.C.! Of course the "reason" seems pretty obvious since the job markets seems to be making a comeback it's natural for republicans to find ways to "cut jobs" so the unemployment numbers stay way up there for next years elections!
Now since the republicans ran on JOBS, JOBS, JOBS last year, you would think they would be finding ways to "create jobs", like they said would be their number one priority! This is all politics and the people are suffering in order for republicans to do everything they can to make the country look bad, which they will use against the president next year!
I live in Washington state, we have a democrat as governor, and we also have short falls, but our job market is going up, and the governor is making sure we don't have to hundreds of thousands of jobs in order to balance the budget.
How are the unemployment numbers in your state?