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hospitals, and prisons.
I am strongly opposed to the state borrowing money for the coming year. This is deficit financing and if the economy did not improve and tax revenues still fell below the amount of state appropriations, then in 1976 the legislature would be forced to enact a tax increase. I am opposed to such a tax increase and I do not think it is responsible for the legislature to pass a budget bill this year which amounts to a gamble on a tax increase in 1976.
Those who advocate borrowing and deficit financing should also advocate tax increases now in order to have a balanced budget.
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