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Budget Deal Includes Tax Cuts, Spending Boosts

A tentative agreement between Republican Senate and House leaders and Gov. Doug Ducey boosts spending in the coming budget year about $100 million above what Ducey wanted.

Senate Majority Leader Steve Yarbrough says the bottom line budget plan includes $9.58 billion in spending, and includes extra cash for universities, K-12 schools and county and city roadbuilding. The plan also includes the end to some budget-balancing gimmicks dating to the Great Recession for universities and social service and child safety agencies.

Also in the deal are $26 million in tax cuts, many going to businesses. Yarbrough says another tax cut helps charities by increasing the amount people can donate and get a dollar for dollar tax credit.

Republican lawmakers were briefed Monday on the budget deal. Formal introduction of the legislation is expected to come Tuesday.

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