Wednesday, September 28, 2011

Perry Appointees May Raid Public School Funds to Give Oil Refineries $135 Million Tax Break

AP Photo/Pat Sullivan - See More Photos
APNewsBreak: Texas refineries may get back $135M

The nation’s biggest oil companies — many of them headquartered in oil-rich Texas — are raking in record profits this year and don’t need any more incentive to keep doing business. But Gov. Rick Perry (R-TX) and his hand-picked appointees are giving them one anyway, and literally taking money away from children and schools to pay for it.

Public education — along with Medicaid,women’s health care, and the Texas Forest Service — was gutted in the budget Perry signed this year. But the governor’s hand-picked appointees on the Texas Commission on Environmental Quality look likely to raid another $67 million from public schools to give Big Oil a tax break: Read more

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