Four budget bills vetoed by Governor Bob Holden will return to him, with a number of cuts restored, but with no reliance on tax increases he asked the Legislature to consider. The Legislature has revised the four bills, using slightly more than $100-Million in federal money to restore cuts to social services and add $72-Million to education. Republicans refused to consider any tax increase proposals, saying the budget is balanced. But, Democrats insist Republicans have inflated revenue estimates to claim the budget is balanced. Democrats say the the budget falls at least $200-Million short of the revenue needed to balance.
