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The Budget Committee and Bryant set the revenue estimate for the upcoming fiscal year at $5.02 billion, an increase of 1.6 percent over the estimate for the current year.
During the same meeting, the Budget Committee also increased the estimate for the current year by $118 million. While the estimate was viewed as conservative, still legislators will have a projected $270 million more to appropriate in 2013 than it did in the 2012 session.
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