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June 26, 2008

Governor to sign budget today

Governor Carcieri is scheduled to sign the state’s $6.9 billion budget this afternoon.

The plan, which was approved by the General Assembly last week, outlines virtually all state spending for the budget year that begins July 1.

The House Finance Committee estimates that the budget will lead to a $97-million deficit for the coming fiscal year, which is down considerably from previous projections.

Among other things, the budget increases local education assistance for cities and towns, but freezes non-education aid at reduced levels. It includes $90 million in cuts to the state’s work force (which have yet to be detailed) and another $67 million in savings by reducing Medicaid programs that serve the state's poor, elderly and disabled.

See where else cuts have been made in spending.

Posted by Brandie Jefferson  at 10:08 AM | Permalink

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