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Perry's Office: Don't Mess With Job-Creating Funds

By Paul J. Weber
|  Thursday, Apr 24, 2014  |  Updated 1:53 PM CDT
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Perry's Office: Don't Mess With Job-Creating Funds

Taylor Jones/Getty Images

Top aides to Gov. Rick Perry say it would be unwise for the next Texas governor to uproot lucrative economic development programs that have stirred growing discontent among Republicans.

A Texas House panel considered Thursday what should happen to the Texas Enterprise Fund and Emerging Technology Fund if the next governor is adverse to two of Perry's signature programs.

It's more than a hypothetical. Republican Attorney General Greg Abbott, the favorite to replace Perry, has signaled unease with the funds that have awarded a combined $600 million in taxpayer dollars to private companies.

The committee met as Perry visits New York this week on another business-courting trip.

Jonathan Taylor, who oversees the Enterprise Fund, said the governor's office carries weight when trying to close deals.
 

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