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Higher taxes and other new sources of revenue loom on Florida's horizon - but not in time to stave off $1 billion in budget cuts now. ...more
January 6, 2009
Higher taxes and other new sources of revenue loom on Florida's horizon -- but not in time to stave off $1 billion in budget cuts now. That was the message from Senate President Jeff Atwater and other leading lawmakers, who spoke today about tackling ways to fatten the state's dwindling coffers when the Legislature convenes this spring. ...more
January 5, 2009
Higher taxes and other new sources of revenue loom on Florida's horizon -- but not in time to stave off $1 billion in budget cuts now. ...more
January 5, 2009
Finally, it's official. There will be a special legislative session next month. Gov. Charlie Crist, not a proponent previously, is now on board. That (2008-09) $2.3 billion state budget hole - that could deepen to $3.8 billion or more in 2009-10 - plus possible harm to Florida's credit rating and Medicaid scenarios from hell has everyone finally fixated on a resolution. Presumably, everything is on the table, especially in a state that hasn't fundamentally changed its revenue-raising ways from the LeRoy Collins administration years. ...more
December 24, 2008
Businesses across Florida are carefully watching the Legislature with the deepening cash crisis facing state government leading to the most serious talk of eliminating some tax exemptions since former President John McKay took on the tax structure eight years ago. ...more
December 21, 2008
Florida Senate President Jeff Atwater and House Speaker Ray Sansom obviously are in denial. In setting a January special session to deal with the state's financial crisis on Monday, they retreated to the same old way of doing business - pledging only to target "spending reductions and trust fund transfers." ...more
December 17, 2008
House and Senate leaders have declared a special legislative session in early January to plug an expected $2.3 billion hole in the state budget. ...more
December 16, 2008
House and Senate leaders have declared a special legislative session in early January to plug an expected $2.3-billion hole in the state budget. ...more
December 15, 2008
Democratic lawmakers want to raise the cigarette tax, and some Republicans are warming to the idea. Gov. Charlie Crist says he hasn't. ...more
December 11, 2008
The family of former Gov. Lawton Chiles said they will sue state leaders if they decide to raid the Lawton Chiles Endowment Fund for children and seniors in an attempt to balance the budget. ...more
December 7, 2008
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