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House chair says budget finds savings, funds 5.1% K-12 boost and continues income tax cuts
Summary
House leadership told reporters the session’s budget reallocated agency savings to fund a 5.1% increase for public education, continued a modest income tax reduction for a sixth consecutive year, and funded child-related tax credits; committees reported cuts ranging from 1%–20%.
The House chair said the Legislature’s final-week budget exercise found savings across agencies and reallocated those dollars to priorities including a 5.1% increase for public education and family tax measures.
“We gave the charge to try and find 5% reductions, and, to where we could reallocate,” the chair said, praising agencies and sub-appropriation committees that submitted reallocation scenarios. A budget staff member told reporters that eight committees implemented cuts ranging from 1% to 20%, producing about a 2.4% across-the-board reduction…
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