2016 budget

Senate Lawmakers Slash Gov. Scott's Tax Cut Plan

Mar 3, 2016
https://flgov.smugmug.com/ / https://flgov.smugmug.com/GovernorRickScott/November-2015/11-11-2015-MAC-Paper/i-BvKk7h3

Florida lawmakers dealt another blow to Governor Rick Scott’s budget priorities Thursday, when the Senate Appropriations Committee pushed through a scaled back tax cut package.

The House and Senate gave tentative approval Thursday to competing spending plans that hover around $80 billion. Republicans touted tax cuts while Democrats railed against budget cuts.

The Florida House and Senate have finalized their initial budget proposals for the upcoming fiscal year. But major issues remain unresolved. Still, lawmakers are ahead of schedule and budget leaders say they’re confident they can work out any discrepancies.

taxcredits.net

The Florida legislature is working to answer a big question—how to absorb a $400 million hit to its healthcare budget. Lawmakers rolled out a plan Thursday to account for a shrinking pool of federal healthcare dollars.

Work on the state budget will begin in earnest next week. And Florida lawmakers will have a lot less money to work with than expected.