(October 15, 2008)--Gov. Rick Perry said Wednesday he has asked state agencies to figure out where they can cut spending as the economic downturn continues.
Perry, in a speech Wednesday to Houston business leaders, said agencies have 10 days to let him know how they'll trim their budgets.
Perry says he also told agencies to reduce their taxpayer-funded travel.
The Republican governor says the state's economy is generally strong, but says Texas is not immune from the financial meltdown roiling the national economy.
The state goes into the next budget period with an estimated $11 billion surplus, but that drops to $2 billion when already-allocated funds are deducted.
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