“Gambling Bills: Negative Impact of $58 Million”
Donna Garner – This should be enough to turn off any Texan from supporting the expansion of gambling in Texas.
The Legislative Budget Board announced yesterday that the initial negative impact of Rep. Jose Menandez’s casino games and slots bill (HJR 112) would be $11,313,477.
Rep. Beverly Woolley’s slot machine bill (HB 2111) would have an initial negative impact of $46,117,400.
That amounts to almost $58 Million of negative impact in the short term.
With new workers being laid off each day in Texas to solve the budget shortfall, we certainly do not need to add $58 Million to our Texas debt with a “promise” of positive income way in the future.
Remember all of the promises that were made when ObamaCare was passed. Those certainly have not come true; in fact, the opposite has occurred.
Anyone with any common sense would not base our state’s future on the promises made by gamblers!
Links to LBB Fiscal Notes, 3.28.11:
HJR 112 — http://www.capitol.state.tx.us/tlodocs/82R/fiscalnotes/html/HJ00112I.htm
HB 2111 — http://www.capitol.state.tx.us/tlodocs/82R/fiscalnotes/html/HB02111I.htm
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Comments
Bringing casino gambling to racetracks and reservations in Texas is the right thing to do. Even the non-gambling revenue from construction, hotels, restaurants and jobs would benefit our economic recovery over the next few years.
All you have to do is take a look at the license plates on cars parked outside casinos in New Mexico, Oklahoma and Louisiana to know where Texans are spending money that could well be spent here in the Lone Star state.
Donna Schlesinger-Perez, you obviously did not read the research data found in my gambling report and have been misled by the gambling industry.