Monday, March 29, 2010

How Will State Balance Budget?

The state legislature is working to balance $700M in deficit, so how will they do it?
The good news is that they don't seem to have plans on tax increases. Here's an educated guess by people who work at the capitol on how this might end:
$400M-Federal Dollars
$150M-Savings from new GMAC Bill
$150M-Cut from Health & Human Services

You can keep score from home. We'll see how this ends up!

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