Bill White's Call To Audit The Texas Enterprise Fund

The White campaign has distributed the following email:

Support my call for an independent audit of the Texas Enterprise Fund, so we can have accountability for how Rick Perry is spending public funds. Visit AuditTEF.com Today >>

Rick Perry is using taxpayer dollars from the Texas Enterprise Fund to subsidize companies he selects. He's even drained payroll tax dollars from small businesses and then handed the money to larger competitors.

Texas taxpayers deserve to know whether we have gotten our money's worth from each and every dollar handed out by Rick Perry.

Support the call for an independent audit of the Texas Enterprise Fund -- sign my petition today.

Perry has handed out taxpayer money with questionable results. Some examples:

• A $35 million subsidy for biotech firm Lexicon Genetics, a company whose investors have ties to Perry's political campaigns. Perry said the subsidy would increase employment, but after the firm received the subsidy, they laid off employees.

• A $20 million subsidy for failed sub-prime lender Countrywide Financial, a key player in the global financial meltdown.

Texas taxpayers deserve independent, audited answers to important questions. What was the process for awarding subsidies? Were subsidies necessary for their intended purposes? Did companies live up to their promises? Were lobbyists paid to influence decisions about where the money would go? Did subsidized firms compete with other Texas businesses?

Learn more and support my call for an independent audit of the Texas Enterprise Fund, so we can account for how Rick Perry is spending public funds.

Texans deserve a governor who will put our interests ahead of special interests, a governor who will squeeze the value out of every tax dollar.

Pol. Adv. Bill White Campaign