Florida Economists Predict Growing Economy

By: Elizabeth Nickerson Email
By: Elizabeth Nickerson Email

By: Elizabeth Nickerson

August 11, 2013

Tallahassee, FL--Brenda Harp is a retired state worker, and she has not seen a steady economy in years. Harp says once she retired she had to get a part-time job just to support herself.

"They talk about cutting back but its always the little guys that get cut back," said Brenda Harp, a Tallahassee Resident. "I think they come out with these little reports every so often to make people feel good, but maybe its just my pessimistic nature I don't know."

But a Florida TaxWatch spokesperson says a new report shows there is growth predictions in the coming years.

"In 2014, the Florida legislature is going to have about 2 billion extra dollars to appropriate then did in 2013," said Morgan McCord, a Florida TaxWatch Spokesperson.

The Florida TaxWatch concluded that the states main tax collections would grow by 3.4 percent over the coming year and then another 4.4 percent by the middle of 20-15. It means, the Florida Legislature can expect to have a budget surplus of more than 2 billion dollars to work with next year.

"Now those increases can go towards core government spending like education and services in health care and even potentially to tax cuts," said McCord.

But all these predictions won't mean anything to Brenda Harp until she sees it first-hand.

"I don't see an end anytime soon, I wish I could be more optimistic I know a lot of people are," said Harp.

According to the Florida TaxWatch, the federal budget cuts also play a key role to the surplus.

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