As coronavirus batters the economy, Florida leaders may have to slash budget

As coronavirus batters the economy, Florida leaders may have to slash budget

If the drop in revenues due to the pandemic is large enough, then the options left to lawmakers are decisions that Republican leaders don’t typically want to make: accept federal bailout money to fill a large budget hole; borrow money in much larger amounts than in recent years; make drastic cuts to a range of programs; or raise taxes and fees.

Leave a Reply

Your email address will not be published. Required fields are marked *