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(crowd applauding)

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- This is my 8th state 
of the state speech.

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So in preparation for this, 
I went back and I read them:

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tedious, sometimes sobering, 
and a challenge to do better.

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So with that prospect 
in mind, I continue.

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- It's unusual to have a 
chance to be in this office

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and then 28 years 
later, come back and do

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essentially the same function

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but in a very different context.

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The problem when I came back

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was much clearer, 
much more focused.

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Good afternoon.

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Good to see you. 
It's been a while.

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- [Questioner] 
How was Southwest?

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- Southwest was good. 
It was a bumpy landing.

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And that may be emblematic 
of where we are today.

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We're in for a bit of a bumpy 
ride because the spending

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by the state exceeds, 
by 16 billion,

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the revenue that we 
expect to come in.

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But even though 
that's a big problem,

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we've got a big answer.

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- And I think one of the things 
that made him so effective

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in his second tour as 
governor was that he remained

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what he'd always been, the 
un-politician's politician.

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And that persona was 
A, authentic to him,

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and B, had come to seem 
like something very precious

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in American life, and people 
reacted very well to that.

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- 17 is not four. 
19 is not eight.

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And 21 is not 
seven. That is real.

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That's real. That's 
stuff we're not doing.

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Now we're gonna wipe 
out that with more cuts

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and the taxes, that's the plan.

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Now, is it hard to believe

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that government is 
telling you the truth?

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Well, look, I've been 
here a long time.

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I know what the hell I'm doing.

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I'm a truthful guy. 
This is the way it is.

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If anybody has a better 
idea, I'll take it.

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(dramatic music)