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Florida has 45-day cash reserves in “rainy day fund,” new report shows

in Statewide/Top Headlines by

The Sunshine State has enough money in its rainy day fund to keep the state government running for 45 days, according to a report released by the Pew Charitable Trusts Monday. Florida’s reserves would cover more days than 36 other states, and beats the 50 state median by more than two weeks. The numbers give Florida more longevity than fellow large states New York and California, but they pale in comparison to Texas, which had the fifth-best measured at 119…

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