State Budget Passed

The State could not come up with a 2/3 approval for the budget but with a little compromising to get a Republican to vote, they had to eliminate a .12 cent gasoline tax increase, also small businesses will be given tax breaks, as will some parts of the movie industry. The budget contains $15 billion in spending cuts, $12.8 billion in temporary tax increases, $11.4 billion in new borrowing, and the creation of a $1 billion reserve fund.