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$1 Billion Surplus: State Senate

There's a billion extra dollars expected to come into the state coffers, according to projections from the Republican-controlled state Senate. They argue that the extra money increases the need to provide property tax relief, and decreases the need to reduce health care spending.

From the news release:

"Our constituents are making it very clear that all property taxpayers need relief from high taxes, that the State budget must provide all school districts with increased aid, and that we cannot put people's access to health care at risk," said Senator Owen H. Johnson, Chairman of the Senate Finance Committee. "With the revenue forecast complete, there is no reason that we cannot accomplish this goal."

Full statement after the jump.  read more »

-- Azi Paybarah