Posted in Politics

More budget cuts coming?

   February 4, 2009

The Herald Tribune reports that Florida Senate budget chairman J.D. Alexander said Tuesday that tax revenues for December and January were expected to be a whopping $224 million below predictions.

Alexander said the December and January revenue drops, annualized over the next year, would create an additional $1.5 billion budget hole to fill for the next fiscal year on top of the expected $2.5 billion shortfall.

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