Republican Rick Perry, 61, of Texas is the longest-serving U.S. governor, having won three elections to lead the second-most-populous state. Perry replaced George W. Bush when Bush won the presidency in 2000. Perry suspended his bid on January 19 and endorsed Newt Gingrich.
A Democrat when first elected to public office as a state representative in 1984, Perry became a Republican in 1989 and won the race for lieutenant governor in 1998. He was elected governor in 2002, 2006 and 2010.
An advocate of limited government, Perry has opposed the introduction of an income tax. He is the only Texas governor since World War II to sign budgets that cut general-fund spending from the previous biennium. He supported an increase in levies on business to offset lower property taxes, a change that has strained state revenue as companies found ways to avoid the extra expense.
Perry backed a bill capping medical-malpractice awards, and after it passed the number of doctors seeking Texas licenses rose. He helped build Republican dominance in the statehouse and engineered the redesign of congressional districts following the 2000 Census. That led to the state delegation’s first Republican majority in more than a century.
James Richard Perry is from Paint Creek, Texas, about 60 miles north of Abilene. His childhood home lacked running water. Perry went to local schools and Texas A&M University in College Station, where he majored in animal science.
An Eagle Scout, he joined the U.S. Air Force in 1972, serving as a C-130 pilot and leaving four years later as a captain. He returned to the family cotton farm in Haskell County.
A documentary Newt Gingrich's allies plan to air highlighting jobs lost after takeovers by Mitt Romney's investment firm was created by a veteran Republican strategist who says his goal is to make the former Massachusetts governor a better candidate.
Republican presidential candidate Rick Perry is receiving a Texas pension of more than $92,000 a year in addition to his almost $133,000 salary as governor, according to a financial disclosure statement .
Students at elementary schools in Amarillo, Texas, don't get drawing lessons as a five-year-old finance plan from Republicans led by Governor Rick Perry hasn't delivered funding needed to avoid cuts and improve education.
Rick Perry's 20 percent flat-tax plan avoids one the pitfalls of similar single- rate proposals by protecting any filers from a guaranteed tax increase. In the process, it retains some tax complexity and ensures federal revenue collections will fall.
Texas Governor Rick Perry’s campaign coffers and the Republican Governors Association that he once headed collected $7 million from companies such as Hewlett- Packard Co. and General Electric Co. that received taxpayer subsidies from a state job-creation fund, a new report says.
At first glance, Governor Rick Perry's plan for a federal flat tax seems way cool. I'd love to stop wasting four days a year preparing my return.
Problem is, the attractions of Perry's plan come with a big downside: We'd be ripping off our own children.
Texas Governor Rick Perry's tax plan is an attempt to solve a problem that no Republican has yet overcome: how to make a flat tax politically palatable. The result he came up with is a proposal that is neither flat nor attractive.
At the Republican presidential debate last night, Texas Governor Rick Perry twice referred to Herman Cain, the only black candidate on the Las Vegas stage, as "brother." That raised a lot of eyebrows and burned up the social media channels.
The most indelible moment of the recent Republican debates--even more unnerving than the crowd booing a gay soldier or the eruption of scattered applause in appreciation of the free market ushering a hypothetical patient to his death for lack of insurance--was Texas Governor Rick Perry’s execution answer.
Let’s give Perry the benefit of the doubt, and ascribe his Fed rhetoric to the passions of a new campaign. Does the underlying sentiment reveal anything important about the governor’s grasp of monetary policy? Or his political strategy? Unfortunately, yes--and the two are related.
You wouldn’t think that the governor of Texas, the most conservative of the viable candidates in the Republican presidential field, would want to make the U.S. more like Europe. Unless, of course, you have read Rick Perry’s book.
To get a sense of what a Perry presidential campaign might be like, his appearance last weekend at a gathering of Christian conservatives in Houston is instructive. The event offered high- tech visuals, thumping Christian rock music, country singers and plenty of old-time religion.
House lawmakers say ousted Internal Revenue Service chief Steven Miller failed to fully explain why he didn’t inform them for more than a year that small-government groups seeking tax-exempt status were subject to extra scrutiny.
President Barack Obama and Turkish Prime Minister Tayyip Erdogan presented a joint front against Syrian dictator Bashar al-Assad even as Obama shies away from deeper U.S. involvement in the conflict, such as sending weapons to the rebels.
Patriot Majority USA, a social welfare nonprofit, told the Internal Revenue Service that its mission is “to encourage a discussion of economic issues.” In exchange for keeping its donors private and paying fewer taxes, it must limit its involvement in politics.
Tesla Motors Inc., the electric-car maker run by Elon Musk, surged as much as 12 percent on investor confidence in Musk’s plan to boost his stake in the company that’s selling as much as $830 million in shares and debt.
U.S. Commerce Secretary nominee Penny Pritzker received $54 million last year from an offshore trust in the Bahamas, according to a disclosure report that describes an empire of casinos, hotels, energy companies and family trusts that may be worth more than $2 billion.
President Barack Obama called on Congress to “fully fund” his request to bolster security at U.S. diplomatic outposts as he sought to contain political fallout from last year’s deadly attack in Benghazi, Libya.
President Barack Obama urged Congress to fully fund his budget requests for security at U.S. diplomatic missions as a way to “truly honor” the memories of the four Americans killed last year in Benghazi, Libya.