Tuesday, March 31, 2009

Perry's transfer of funds draws more negative coverage

Continuing to follow Perry taking money from unemployment insurance and giving it to A&M:


With the headline "How biotech plan turned into political storm."

Jason Embry reports of the $50 million transfer by Gov. 39% "that quiet transaction has spurred an onslaught of questions about the Emerging Technology Fund, one of Gov. Rick Perry's signature programs."

A major critic of Perry's funds transfer is Chairman of House Appropriations Committee Jim Pitts. The Committee is placing riders in legislation to prevent such a unilateral move in the future.

Perry had not planned on announcing the funding yet; investigation by legislators made the transfer public. Pitts is also questioning why the A&M center seems to be working with financially strapped pharmaceutical firms on the project.

No comments: