Fla. Gov. Eyes Tax Cuts, Limits On New Debt For Next Budget

Law360, Miami (October 22, 2013, 7:51 PM EDT) -- Florida Gov. Rick Scott on Tuesday outlined a three-pronged approach for his recommended 2014-15 budget, adding limits on new long-term debt and the requirement that state agencies find $100 million in proposed savings to his previously announced goal of cutting $500 million in taxes and fees.

In a white paper titled “It’s Your Money Tax Cut Agenda,” the governor says his proposals are critical to sustaining job creation and economic growth while continuing to reduce state debt, touting the $3.5 billion in debt Florida has paid...
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