Budget agreement reached tonight between house and senate
Sen. Nunnelee: “There are still some technical issues, all related to Medicaid .. So I don’t know if the governor’s ready to call us back”
Most agencies face an additional cut of 1percent from ’09 funding levels
Natalie Chandler’s Twitter
McCoy said an agreement in principle reached over the weekend was a huge step in negotations between the House and the Senate. The two chambers are trying to craft a spending plan for state agencies and programs for fiscal year 2010.
The agreement calls for a $60 million hospital tax that could increase to $90 million once the state stops receiving federal stimulus money in 2010. In return, the hospitals could save nearly $100 million by reversing previous budget cuts and prohibiting future ones, said Sen. Hob Bryan, D-Amory, one of the negotiators.
Bryan said he and House Medicaid Chairman Dirk Dedeaux, D-Perkinston, signed the agreement.
Lawmakers have said the tax is needed to help cover the cost of Medicaid.