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Greg Abbott: “We got $27 billion in our savings account to make sure that…”

Featuring: Greg Abbott, Republican | Governor of Texas

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Gov. Greg Abbott Unveils Plan To Lower Property Taxes In Texas

Published | Video Starts at 18:00

All that said, Texas is more prepared than any other government in the United States to deal with an economic shortfall because we have the largest ESF, or raining day fund of any state. We got $27 billion in our savings account to make sure that if there is a shortfall, we'll be able to make it through that shortfall until the economy gets growing again. More questions. I'm Shelby Skinner. I'm with the local newspaper. The. Policies interact with existing state tax limitation laws. What do you mean when you say existing state tax limitation laws? (18:00–18:11)

CLAIM

Asserts that Texas has $27 billion in its savings account to manage economic shortfalls.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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