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Posted in Economy

TribBlog: Cuts and Caps

Lawmakers want state agencies to cut another 2 to 3 percent from their current budgets โ€” on top of the 5 percent cuts that were already ordered. The Legislative Budget Board โ€” comprised of members of both the House and Senate, along with the lieutenant governor and the speaker of the House โ€” also adopted a spending cap for the next budget.

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