DALLAS - Texas Gov. Rick Perry yesterday told lawmakers that the state's condition was "good," while acknowledging the impact of a deepening national recession that has sent energy and home prices plummeting and prompted massive bailouts for finance and automotive firms.

"Over the course of this session's remaining 126 days, we might define the word 'good' a little differently or diverge on how to get it done," Perry said in a state of the state speech that broke little new ground and skirted issues that he had focused on in the past.

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