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- February 3, 2016

Study Finds Gaping Holes In Rick Perry’s ‘Texas Miracle’

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On Wednesday, Feb. 3, Workers Defense Project, in collaboration with the LBJ School’s Ray Marshall Center for the Study of Human Resources, published “The Failed Promise of the Texas Miracle,” a report looking at “tax subsidy programs and other economic incentives utilized at the state and local level to spur economic development and job growth in Texas.”

The state’s economic incentive program, the Texas Enterprise Fund, has come under scrutiny in the past. In 2014, a State Auditor’s report found that more than $170 million had been awarded to businesses that hadn’t even formally applied for funding. Furthermore, the report’s authors wrote that, due to a lack of oversight…