Critique of Rainy Day burden is on Gov. Perry

The Rainy Day Fund has been a topic of many conversations recently. In David Jennings Blog site Big Jolly Politics he discusses Texas politics by layout the facts and to give different views on issues from conservative, republican and liberal view points. In one of his blogs titled Rainy Day burden is on Gov. Perry David Jennings discusses the Rainy Day fund and the possibilities for its use. The Rainy Day Fund consist of $9.4 billion set aside for if the state experiences a budget shortage. The main point addressed in this blog is if the Rainy Day Fund is necessary to implement or if Texas just needs to find ways to cut down on spending to make up for the current $4.3 billion shortage in the 2010-11 budget. Also stated in the blog is that the Rainy Day Fund is only in place to fix a budget problem when something has gone wrong so the use of this fund in the 2012-13 budget is out of the question if more money is need taxes will have to be raised to make up the difference. I think Davis Jennings has a good point when he says that it makes sense to use the Rainy Day Fund in this instance because a budget shortage like the one we are experiencing is exactly what it was but in place to deal with. Also the cuts that would need to be made to make up for the shortage will be extremely hard to place. In the end it makes most sense to use the Rainy Day Fund for the shortage since that is why it was put into place if not now when would be an appropriate time.