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Home / budget / Senate budget plan deliberately ends FY11 in the red; Republicans call it transparent, honest (access required)

Senate budget plan deliberately ends FY11 in the red; Republicans call it transparent, honest (access required)

Instead of balancing the budget by borrowing money, deferring payment to schools or resorting to any other accounting maneuver, the Senate is proposing to cut spending as much it can, even if it means the current fiscal year ends with the state in the red.

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