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Budget proposal includes 2.3% spending increase

The Appropriations Committee advanced its finalized recommendations for the Fiscal Year 2023-2024 and 2024-2025 biennial budget to the full Legislature. This proposal calls for an average increase of 2.3% in spending over the next two fiscal years. The main differences between the governor's proposal and the Appropriations Committee proposal are that lawmakers included an additional $80 million to increase both (A) the reimbursement rates for providers of Medicaid services by 3% this year and 2% next year and (B) the budget request of the University of Nebraska System by 2.5%; the latter repre...

 

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