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State Banks on Stimulus Dollars

February 12th, 2009 by flanews

Governor Charlie Crist is banking on Washington to erase current and future state budget shortfalls.

Congress is expected to take a final vote on the 789 billion dollar package Friday. Floridas cut is expected to be at least 10 billion dollars. Early estimates show the states deficit could reach 5 billion dollars by next year. Governor Charlie Crist said the money is badly needed.

I’m very pleased that it looks like a deal is close to being reached as it relates to the stimulus package. What we were looking at just a few months ago, was no stimulus at all. So when you compare where we were to where we are now, I’m very, very pleased for my fellow Floridians,” said Crist.

The package is expected to create 200,000 jobs and jump start road projects in the state. The money will also be used for education and Medicaid programs.

Posted in Charlie Crist, Economy, Education, State Budget, State News | No Comments »

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