A bipartisan plan to
close nearly one-fourth of the projected $2 billion state budget gap was set
for a hearing Monday in the House Ways and Means Committee.
The bill, by Chair
Ross Hunter of Medina, spells out $480 million in cuts and savings in the
2011-13 biennial budget, which was initially adopted by the Legislature last spring. Since then, the economy’s sluggish growth has resulted in official
forecasts that revenues will fall $2 billion short of what’s outlined in the
budget, plus necessary reserves.
To read this story in Spanish, click here.
To read this story in Spanish, click here.
