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Monday, April 09, 2012

Lawmakers Race To A Midnight Adjournment, Budget Unresolved

Hundreds of bills hang in the balance as state lawmakers begin their final day of the 2012 session today.

The session ends at midnight tonight.

The biggest unresolved issue is a compromise on the state's nearly $36-billion budget, along with a series of tax increases.

House and Senate negotiators have agreed to boost income tax rates on individuals earning more than $100,000, but they disagree on plans to limit or remove exemptions, increase some tobacco taxes, and shift the cost of teacher pensions to county governments.


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