Story perspectives

Lawmakers Pass $84B Budget, Close $1B Gap, Boost Education

7/4/2026

Summary

Story summary

Lawmakers approved an $84 billion budget after a 23-hour session that began two days after the July 1 deadline.
The Senate and House closed a $1 billion revenue gap without raising taxes.
The budget raises the per-pupil allowance to $10,300, earmarks $50 million for tutoring and literacy coaching, and shifts about $7 billion from the K-12 School Aid Fund to universities.
It adds $1 billion to Medicaid, allocates $125 million for local projects, and includes anti-fraud provisions.

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Story summary

Lawmakers approved an $84 billion budget after a 23-hour session that began two days after the July 1 deadline.
The Senate and House closed a $1 billion revenue gap without raising taxes.
The budget raises the per-pupil allowance to $10,300, earmarks $50 million for tutoring and literacy coaching, and shifts about $7 billion from the K-12 School Aid Fund to universities.
It adds $1 billion to Medicaid, allocates $125 million for local projects, and includes anti-fraud provisions.