Budget Problem

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The Appropriations Committee is meeting to come up with a plan to help solve the Budget Problem. The state is carrying a deficit of $193 million. Last week, revenue forecasts dropped $104 million.

Sen. Roger Wehrbein says part of fixing the problem is dipping into the state's cash reserves. By law the state must restore itself to a minimum balance of $150 million by July 1, 2005.

The Committee hopes to have a working budget by Friday.