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Mississippi lawmakers seek higher reserves, less spending

Top Mississippi lawmakers, seeking to put more money in reserve, propose small cuts for most state agencies in the coming year. The Joint Legislative Budget Committee, meeting Monday, adopted a plan...

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Downward budget trend could continue in 2018

By BOBBY HARRISON / Daily Journal JACKSON – If preliminary numbers hold, 2018 will mark the third consecutive session where Mississippi legislators cut state spending. The budgets proposed for the...

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Key decisions to be made this week before legislators finalize budget

How much money the Legislature will have to fund education, health care, law enforcement and other vital services for the upcoming fiscal year, beginning July 1, will be dependent on some key actions...

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Budget work completed, session nearing end

The Mississippi Legislature finished work Tuesday on its $6.1 billion budget when legislation passed both chambers to set parameters on the state’s Medicaid program. With the budget completed, only a...

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Analysis: Even modest revenue growth good news for lawmakers

End-of-the year revenue collections suggest Mississippi’s lawmakers could have a little extra money to spend when they return for their election-year session in January 2019. Preliminary numbers...

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Analysis: Gambling not a clear-cut state budget booster

Will Mississippi take a chance on a lottery? It’s a big question lawmakers could answer if Republican Gov. Phil Bryant calls them into special session in the next few weeks. Officials are looking for...

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Hard-won budget, debt deal clears Senate, advances to Trump

A hard-won budget and debt deal easily cleared the Senate on Thursday, powered by President Donald Trump’s endorsement and a bipartisan drive to cement recent spending increases for the Pentagon and...

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Report shows US deficit to exceed $1 trillion next year

The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President Donald Trump and...

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Mississippi budget plan: Spend slightly less in coming year

Mississippi legislative leaders are recommending that the state spend slightly less money during the coming year than during the current year. Members of the Joint Legislative Budget Committee met...

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Analysis: Budget writing complicated by pandemic revenue dip

Mississippi tax collections were robust for the first several months of the budget year that started last July 1. Then the coronavirus pandemic struck, businesses were hobbled by government shutdown...

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