After the budget was released Saturday, Ferguson said he was pleased that it maintained the state’s savings and made increased investments in K-12 education. He did not comment on the new taxes. He had previously rejected other tax packages. He has until May 17 to sign or veto the budget.
“I appreciate that the Legislature heard my concerns and dramatically reduced the revenue assumed in the final budget,” Ferguson said. “That said, I intend to carefully review all revenue increases.”
The final deal includes $4.3 billion in new taxes on businesses, financial assets and technology services and $2.7 billion in cuts to services. It also includes billions in spending on
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