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The short explanation of this alert was:
Today Florida’s budget is based on economic estimates of tax revenues, largely from sales taxes. Most of our state economists believe that the estimates from earlier this year were too optimistic. In a few weeks the Legislature will convene in special session to approve a revised budget to address these projected shortfalls. While our elected leaders could make up the difference by tapping into the states monetary reserves, Governor Crist and legislative leaders say they want to make budget cuts to alleviate the problem. They are cutting this year’s education budget while telling the public that they intend to hold education harmless.
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