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Gov. Phil Bryant, center, Lt. Gov. Tate Reeves, left, and state Speaker of the House Philip Gunn, right, received the good news that the state's revenues will increase by about $118 million more this year than originally expected.

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Budget: First the Bad News

Federal budget cuts would be a huge hit to Mississippi's gross domestic product, state economist Darrin Webb told Gov. Phil Bryant and the Legislative Budget Committee at a meeting Monday.

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