The Texas Enterprise Fund is an under-scrutinized program that Texas’ mainstream media routinely ignores.
Tag Archives: Texas Enterprise Fund
Rick Perry’s office refuses to release any information about the $40 million it’s offering Toyota to relocate to Texas, despite providing the Observer with similar information last year for a $12 million grant to Chevron.
Rick Perry gave Toyota $40 million to relocate to Texas from California but a company executive says Toyota was coming anyway.
Legislators are considering what to do with Rick Perry’s big corporate subsidy funds that have been plagued by charges of cronyism and inefficiency.
In June, Gov. Rick Perry announced that Chevron would be handed a $12 million grant to build a new office tower in Houston. Documents show that Chevron plans to use the money to pay for its employees’ relocation costs.
Chevron is one of the world’s largest corporations, earning more than $240 billion in revenue last year. CEO John Watson raked in almost $25 […]