May 28, 2008
Florida's principal economic-development agency says a 5 percent cut in its annual operating budget next fiscal year won't hamper its efforts to lure businesses to the state.
But some economists and educators question that assertion. A slumping economy has meant less tax revenue to fund mass transit, operate schools and provide incentives to would-be corporate transplants. All of that, they say, will make the job of selling Florida more difficult starting in July.
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