| Lawmakers Consider Budget Cuts |
| Written by Gary Lacy | |||
| Tuesday, 02 February 2010 14:43 | |||
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House Appropriations and Revenue Committee Chairman Rick Rand told reporters today that it appears there will be no new revenue to help balance the next two-year budget. Rand said top House budget writers are still considering several options, but said lawmakers will consider everything when looking at possible budget cuts. He listed funding for elementary and secondary public schools as the last place lawmakers would look in seeking budget cuts. He also downplayed tapping school contingency funds. A slowdown in tax collections caused by the recession has led to a projected $1.5 billion shortfall over the next two-year budget cycle. Trackback ( 0 )
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