Group: Texas jobs fund missing job creation goals
11/9/2011 6:58:55 PM - AP News
AUSTIN, Texas (AP) — A watchdog group in Texas says a jobs program touted by Republican Gov. Rick Perry only created about a third of the jobs it promised by the end of last year.But Perry's office fired back Wednesday at the conclusions reached by Texans for Public Justice about the Texas Enterprise Fund, which gives public money to private firms to help spur job creation.The left-leaning group said companies that received grants had created 22,349 jobs by the end of last year, or 37 percent of the nearly 60,000 jobs they promised.Perry's office says that figure is a future target — not a goal to reach by the end of 2010. His office says amended agreements with the companies called for 23,410 new jobs through 2010, and they delivered 33,400.