Page 47 - State Spending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Resources and has gotten more expensive for many states and medicaid accounts for 20 percent of state spending nationwide according to the state budget officers and the national association. and now gerri and her two cents. what happened to the states that opt out? >>reporter: florida will give up half of their $22 billion medicaid tab and they will give that up. they will lose $11 billion. and that money is just gone. they will not get it. >>shepard: what is florida's answer to the loss of that federal aid? or they scrapping the program altogether? >>guest: they want to operate their own prog...

The governor joins us right now. good morning to you, sir. >> good morning. we've got our jobs budget out and we're going to reduce the state spending $5 billion. we're cutting taxes $2 billion. this is going to be the state to live, work and play. >> that's great. you must be doing something right because a whole bunch of people right now are mad at you. >> yeah. well, look, we have enough money in our state budget and we've got to watch how we spend it. all the families in our state and across the country, they're having to tighten their belts. watching how they spend their money. we're goin...

Rick scott proposing the cutting of more than $5 billion from state spending while also slashing taxes. the tea party backed scott, said the savings will largely come by overhauling the state's medicaid and pension systems. fox news host bill o'reilly is reacting to his own sitdown interview with president obama. it's not so positive. here's what o'reilly said during a phone interview yesterday. >> i think he still has a thin skin. look, unlike president obama who i asked the same question to a few weeks who didn't really care what people thought about him, i think president obama does. >> o...

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International concern because satellite technology can be used to launch ballistic missiles. he claims the satellite is for research only. rick scott turning to the tea party for support for his budget plan. the republican breaking with tradition, giving his first budget speech to 800 people from tea party organizations, the plan, slashing $5 billion from state spending or cutting business and property taxes. the governor's bottom line in turf times, state needs to do more with less. a message that is getting of course a warm reception from the tea party. >> floridians shouldn't have to spen...