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Larry Cretul warns Charlie Crist’s vetoes threaten state’s bond rating

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House Speaker Larry Cretul (R- Ocala) released the following statement regarding Governor Charlie Crist’s budget vetoes: “With the realities of today’s economic challenges, the Legislature had to make difficult decisions in order to responsibly balance the state’s budget. “Unlike the Congress, the Florida Legislature is constitutionally obligated to balance our budget, and therefore spending priorities must be set. In spite of a $3 billion shortfall this year, the House worked to maintain level school funding and put our children’s classrooms…

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Charlie Crist vetoes $371 million in lawmakers’ priorities

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With little pomp and no public availability, Gov. Charlie Crist signed the state’s $70 billion state budget Friday, vetoing $371 million in lawmaker spending priorities. Crist’s list of line-item cuts include a $160 million sweep of dollars out of the transportation trust fund, a cut to the state’s Medicaid reimbursement rates for nursing homes, and a ban on using tax dollars flowing into the state to support human embryonic stem cell research. Crist has stepped up his criticism of lawmakers’ budget handiwork in recent weeks, intimating…

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