Texas Governor Rails Against 'Bailouts,' But Uses Stimulus To Prop Up Budget http://www.huffingtonpost.com/2011/01/24/texas-deficit_n_812948.html?ir=Politics The nation's states face budget strains -- even one that says it doesn't. Texas filled nearly 97 percent of its shortfall last year with Federal stimulus dollars, even as its governor has been sharply critical of "bailout" policies, CNN Money reports, citing the National Conference of State Legislatures. In the wake of the recession, Texas is one of many states that, contending with diminished revenue, have benefited from Federal support. After facing a $6.6 billion budget hole, Texas used $6.4 billion of Federal money to help patch it, allowing the state to keep its $9.1 billion emergency fund intact, CNN reports. But on the same day he asked for the bailout money, governor Rick Perry started a petition called "No Government Bailouts." Indeed, Perry is a consistent critic of government spending, frequently pointing to his own state as proof that budget austerity -- spending cuts coupled with low taxes -- works. But now, with the stimulus money running out, and with the economy still sluggish, Texas is projected to run a nearly $27 billion deficit over the next two years, according to the state's own estimate.