Greg Abbott: “We must tap into our $27 billion budget surplus and use that…”

“And it starts by keeping Texas as the number one state for the best economy in America and the number one state for jobs. We must tap into our $27 billion budget surplus and use that to give our property owners the largest property tax cut in the history of Texas. We must fight against Joe Biden's war against oil and gas and keep Texas number one for oil and gas production in the United States of America.” (03:59–04:12)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.