The Florida House passed a plethora of tax cuts Thursday that includes multiple sales tax holidays in the coming year. The bill will reduce the state revenue by $100 million and complete Governor Rick Scott’s election year plan of $500 million in tax cuts.
Tax cuts, stiffer sex offender laws, expanding school vouchers and, as always, the state budget will be among the issues Florida legislators will consider over their annual 60-day session.
With the 2014 gubernatorial campaign just around the corner, Governor Rick Scott is headed out on a tour around the state pushing for tax cuts.
Governor Rick Scott went before a joint legislative session for the third time in office to deliver the State of the State address with what he described as one simple message, “it’s working.”
It’s an arcane budget term, but the sequester, is set to fundamentally reshape federal spending in ways that could set the economy on a path back to recession. The sequester is the beginning of a scheduled decade of financial austerity like has been seen in Europe in recent years.
Governor Rick Scott unveiled his spending priorities for the coming year Thursday with the release of his annual budget recommendations.
The outline of a deal to avoid the so-called “fiscal cliff” is reportedly been made in the Capitol with just hours to go until the end of 2012.
The U.S. is set to go over the much-hyped “fiscal cliff” on January 1 and the intransigency of both parties looks like it will push the country over the edge. The big winner of the looming tax hikes though could be President Obama if he wins re-election in November.
The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.
A new budget forecast released this week by state economists shows the state is expecting in 2013 to bring in enough money to meet its needs for public schools and health care programs, with $1 billion still left for reserves.