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Wednesday, December 31, 2008

$383 million more cut from budget

A state oversight panel trimmed $383 million from agency budgets Thursday, bringing the total amount of cuts since July to more than $1 billion.

Education and health care, which make up roughly two-thirds of the state budget, will bear the brunt of the 7 percent across-the-board cuts. Earlier cuts tried to spare public schools and health care at the expense of state colleges and others.

Most state agencies said Thursday they do not know how they will implement the cuts or what services might be affected. read more...

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