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Texas Comptroller Susan Combs on the fiscal success of the Lone Star State.

December 3, 2012
Wall Street Journal

The political gospel according to Democrats is that the auto bailout saved Detroit. If only it were so. Alas, costly labor agreements have driven Motown like GM and Chrysler to disrepair. Perhaps the only fix now is to let Detroit go bankrupt.

AUSTIN - Texas Comptroller Susan Combs unveiled a new website today which focuses on local government debt.  The report features a child holding a sign “Will Work to Pay Public Debt.”

The debt report released today is the second in a series of reports designed to help Texas taxpayers learn more about how government reaches into their wallets.

Before approving new debt, the Comptroller’s office recommends citizens ask three questions:

Fellow Texans:

Today we pause to honor the more than 3,000 souls lost on 9-11, the innocent sons and daughters so tragically killed in New York City, Washington, D.C., and Shanksville, Pa., and the heroic firefighters and police officers who gave their lives trying to save others.

We pause to remember the family members who lost loved ones on that horrible morning 11 years ago, to let them know we’ll never forget the devastation they suffered and the heartbreak they felt, and to encourage them in their continued recovery from that grief.