DALLAS - Texas Gov. Rick Perry accused legislators of an "abdication of responsibility" on transportation funding, as a state Senate committee continued to study toll issues halfway through a two-year moratorium on privatized highways.

"The Legislature must understand that 'no' is not a solution," Perry said Tuesday in his first major speech on transportation this year. "It is an abdication of responsibility."

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.