Does Florida Governor Have Money for Higher Ed Boost?
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Florida Gov. Charlie Crist is talking up his plan to provide an extra $100 million in funds to Florida's universities next year, but not everyone is convinced he has the money. The plan would focus the new money on degrees and programs that result in jobs for graduates or economic development for the state. While legislative leaders say that they like the theory, The Miami Herald reported that they are skeptical of the availability of funds. Crist's budget assumes growing sales tax revenues that will allow for $2 billion in new spending, but legislators are projecting deficits of that size, not extra money.