Florida House Budget Cuts May Affect Retired Workers

Florida's House Lawmakers managed to forge a balanced budget, but the new plan is not without its share of objections. The plan relies on stimulus dollars, a tuition hike, and trust fund raids to make up for $3-billion in lost revenue.

Legislation to cut retirement benefits and save the state $200-million was first defeated, when 15 Republicans stood with the House Democrats to vote down the measure. However, after a short break, the House reconvened and used legislative rules to jam the bill through. If the Senate agrees to the cut, thousands of retired state workers will have to rework their retirement plans.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
8195 Front Beach Road Panama City Beach, FL 32407 Station: 850-234-7777 News: 850-230-5221 Fax: 850-233-6647
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 89771767 - wjhg.com/a?a=89771767
Gray Television, Inc.