ICYMI: Texas Lawmakers Find $2.4 Billion

October 12th, 2017 Contact: Scott Spiegel, [email protected]

Humble, TX -- In case you missed it, the Austin American Statesman reported on Tuesday that the Comptroller released the Certified Revenue Estimate reporting that Texas now has $2.4 billion more than we had back in January. [Austin American Statesman, October 10, 2017]

Mike Collier, Democratic Candidate for Lieutenant Governor of Texas issued the following statement:

“The state did not have to cut teachers' benefits this past legislative session. [Austin American Statesman, July 3, 2017]

“Texas Republican lawmakers decimated retired teacher benefits, now they have suddenly found $2.4 billion? Texas Republican leaders remain openly hostile to teachers and refuse accountability. According to estimates obtained from The Texas Retired Teachers Association, restoring their benefits will cost a fraction of the $2.4 billion suddenly discovered.

“I am running for Texas Lt. Governor to correct this. We can restore retired teacher benefits, and we can prevent this from ever happening again by practicing simple budgeting best practices and implementing quarterly revenue estimates.

“Governor Abbott has the power to call a special session of the Texas Legislature and keep Texas’ promise to retired teachers. Lt. Governor Dan Patrick should join me in calling for a special session to restore retired teacher benefits.”

Mike Collier is a proven business leader with an unblemished record of integrity and service. He is committed to excellent public education, reforming school funding, making property taxes fair again, and genuine fiscal responsibility. Mike went to high school in Georgetown, Texas and was first chair trumpet in the 1979 Texas All-State Symphony Orchestra. He went to UT, marched in the Longhorn Band, and started his career at Exxon Corporation. He later earned an MBA from UT before joining Price Waterhouse (now PwC) where he became a senior partner. Mike and his wife Suzanne met at UT and have been married almost 29 years. They have two sons (and a wonderful daughter-in-law from Brazil), both of whom attended public schools, graduated from UT, and moved back to the Houston area and are close to Mom and Dad. Mike ran for Texas Comptroller in 2014 on the Democratic Ticket and served as Finance Chair for the Texas Democratic Party until March, 2017. For more information please visit CollierforTexas.com.

Press Release | Posted on October 12, 2017