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■ - www.magicvalle)ley.com ■ V ' T h u njes-~N e $ 1 . 5 0 1 AFalls, Idahoho/98th year, N o; 15:,5 2 - ' - 1 ^Sunday,y. May 25, 2003 CiCKJD MORNI ' [ W e a t h e r - Ec<:onomiic foreH;astiinay pitrompit revie Today::M ^ uch /ic e s in new tax revenue,ue. It showcowed o n d d p ated growth wass tax in place for just twowo jycdfs coolerrw w ith IX structure and the servii Idaho laviwmakers see andnd program s it finances, so:some But the hope of an election- too optijptimistic, both for the cur- The ndminisirulionion will not partlyr cloudycl , , iwmakers Ixilieve. year session in 200004- w ithout hav- ren t yearyes that ends June 30 andd revise its revenue estim;timates imiil skies, aChance shakeupp ]in making As the liegislature moved1 Linto ing to m ake politicitically dangerous thc newlew fiscal y ear that starts th e late August, but they’arclikL-lvio urc of a thuiiiunder- thiie e ffinal days of w hat was onenc of spending cuts iror tax increases next day.da; be down sh a ^ ly now ill;iliiU (ivcr;i!l 1 storm.i. HHigh The Atfoclatwitftd P r m ____________ itsts rmost contentious sessiciions tttgan dlMppearin;ring even before Thenien last week’s economicc • job growth is fon.caslasl to l)c .>11 ' 79, low 53. earl;arly this month, it was on1 ith c thc final gavel, forecascast dashed hopes for thee but nonexistent. ThouliMtisands ol The dire forecast for vergerge of erasing a huge bud,idget April tax collect»:dons were $21 quickk recoveryr lawmakers andd relatively hi(’hcr-p;iyinlyin^ PageA2 BOisE-it d facturiiiR jobs will1 disappL-ardi I ^ Idaho’s ccoiKonomy over the next defiieficit with a combination>n of million short of theth« target, blow- Gov.
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