House Passes State Budget Fix

POSTED BY: George Hiotis
Thursday, May 30, 2002 - 04:37 AM
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The house passed, just barely, a one-point-seven billion dollar bailout of the state budget. The 51-to-43 vote sends it back to the senate on Thursday. Republicans needed 50 votes to pass it. Four republicans joined 39 democrats in opposing the bill. The fix raises the state tax on cigarettes from 24 cents a pack to 55 cents. It also raids the state's rainy day fund for its 600 million dollars and borrows 345 million dollars from a school construction fund. The money is needed because projected revenues for the budget year that ends june 30th and next year have fallen short.

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