Florida's Bush Signs $53.5 Billion Budget, Minus Rail Money

Sigo, Shelly
June 2003
Bond Buyer;6/24/2003, Vol. 344 Issue 31663, p32
Trade Publication
Governor of Florida Jeb Bush on June 23, 2003 announced he was vetoing most of the funding for the state's high-speed rail project and then signed the $53.5 billion state budget into law. Bush specifically referred to the estimated $38 billion budget deficit in California. Bush struck from the budget $7.2 million that legislators had approved for high-speed rail funding. Bush reiterated that he remains committed to finding a way for Florida voters to reconsider the rail project because of its cost.


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