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How much will governor's tax cuts cost? Legislators to find out today

TALLAHASSEE — Gov. Charlie Crist's package of proposed tax cuts and fee hikes will get price tags today as lawmakers further scrutinize his spending plans.

State economists will estimate the cost to Florida 's coffers with Crist's proposals, which include limiting tax increases on non-homestead property and an extra tax break for first-time home buyers

Lawmakers have recoiled at Crist's budget proposal because it is based on an old revenue forecast. Lawmakers question how realistic his spending plan is when Crist's top budgeters admit things will become even tighter.

"Will the governor come back to us in a few days or even in a week or so and update his budget to tie to economic realities and to revenue facts?" said a skeptical Sen. Don Gaetz, R-Niceville.

Crist, who didn't mention the tax package in his State of the State speech Tuesday, will be traveling Florida today to tout his Cover Florida health insurance program, including stops in Miami and Tampa .

How much will governor's tax cuts cost? Legislators to find out today 03/06/09 [Last modified: Saturday, March 7, 2009 9:16am]
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