State Budgets Being Delayed By Stimulus Debate

By: Associated Press Email
By: Associated Press Email

New York (AP) Governors and state legislators are closely watching the path of the economic stimulus package as they scrape together budgets.

Several governors are holding up budgets over the uncertainty about how much money they can expect from the $800-billion plus package. Others have proposed budgets based on what they expect to receive.

Florida Gov. Charlie Crist, who delayed his budget address until later this month says “it’s still a fluid animal.” Crist is expecting $13.3 billion over three years from the house version of the bill.

The republican plans to appear with President Barack Obama at a rally in Fort Meyers today to try and sell the package to skeptics.

The senate is expected to pass its version of the bill today, setting up negotiations between the two chambers.

At least 40 states are running deficits this year.

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