Florida Budget Deficit

By: Associated Press
By: Associated Press

Florida Senate leaders have outlined a list of options for dealing with a nearly $2.3 billion budget deficit.

They include formalizing a 4 percent hold on spending Gov. Charlie Crist already has ordered and taking more money out of a reserve fund, but no tax increases.

Ways and Means Chairman JD Alexander presented the list Wednesday after the full 40-member Senate held an unusual out-of-session meeting to get briefed on Florida's dismal economic situation.


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