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Rainy Day Fund Could Determine Budget Success

April 8, 2002
By: Sonya Marie Harper
State Capital Bureau

It is now the Senate's turn to review the state budget, and the Rainy Day Fund will determine the outcome.

Sonya Harper has the story from Jefferson City.

The House hasn't taken up the Rainy Day Fund yet, and this is the most important factor in determining what changes the Senate will make to the budget.

Actuality: Goode
RunTime: 8 seconds
OutCue: "we need to make"
Contents: "We need to find out what they do with that bill because that will make a major difference on what cuts we need to make."

Sen. Goode, who is on the Appropriations Committee, also said that if the bill passes, relatively small changes will be made.

The budget is currently $53 million over the limit, and it may or may not be made up with the Rainy Day Fund.

If the Rainy Day Fund isn't adopted, the budget will have to be reduced by making $53 million worth of cuts across all departments and services.