Florida Budget Deficit

By: Associated Press
By: Associated Press

TALLAHASSEE, Fla. (AP) The chamber began considering the plan Thursday and will vote Friday. The Senate will follow with floor action on its version Friday. Lawmakers then will work on resolving differences between the two before taking final votes next week.

Besides spending cuts, both plans would tap reserves, shift
funds among programs and increase traffic fines.

Lawmakers are meeting in a special session called to deal with
an impending deficit of at least $2.3 billion in the current budget
year due to a shortfall in tax collections resulting from the
nation's sagging economy.

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