Six weeks into fiscal year 2005-06, the General Assembly has a budget proposal from the conference committee. It includes $17.2 billion in spending (up 7.9 percent from 2004-05), over $700 million in higher taxes and fees, and $681 million in extra collections. This spending is well above the governor’s spending cap. A constitutional tax and expenditure limit would provide the best insurance against permanent tax increases from reckless spending.
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Budget, Taxation, and the Economy
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Education
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Government Regulation
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Health Care
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