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By PATRICK GRAHAM
Rappahannock New* Special Writer , RICHMOND — Under President Bill Clinton’s new economic plan, Virginia would receive more money for roads, children and the environment but the state’s defense industry would suffer badly.
That’s what state officials have concluded after reviewing Clinton’s controversial plan to raise $250 bilGon in taxes and cut $250 billion in spending during the next four years.
In a report to state lawmakers from the state Department of Planning and Budget, state officials expressed concern about Clinton’s proposal to slash defense spending hy $88 billion during the next four years, much of which would affect defense-related firms and employers m Northern Virginia and Hampton Roads.
In 1991, the Department of Defense pumped $8.7 billion in salaries and wages into the state’s economy, second only to California. That number is down nearly 50 percent from 1990, as illustrated by the fact that state spending has been cut by $2.2
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