Tough economy, toned down inauguration for Perry

AUSTIN, Texas — GOP Gov. Rick Perry's inauguration will be a scaled back version with no parade as Texas lawmakers in 2011 face a projected budget shortfall of at least $20 billion.

The inaugural theme is "Texas: Where Opportunity Still Looms Large." Perry and Lt. Gov. David Dewhurst will take the oath of office Jan. 18 on the steps of the Texas Capitol.

Inaugural committee spokeswoman Sarah Beck said Wednesday that planners are putting together a very responsible way to celebrate and be mindful of expenses. The budget is still being finalized.

Black-tie balls of previous inaugurations will be replaced by a toned-down celebration, with recommended dress of business and cocktail attire.

Perry is the state's longest-serving governor with a decade in office.