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Budget Woes Deepen for Alabama
January 13,2009 – As state lawmakers prepare to hold legislative budget hearings beginning today, the Legislative Fiscal Office says the budget out-look for next fiscal year is worse than this year's fiscal spending outlook.
It appears lawmakers will need to trim the Education budget by $360 million because of declining tax revenue. The next fiscal year will also see cuts of $341 million.
It would total more than $700 million being cut from the Education budget within two years.