
Rick Scott Announces State Debt Lowered by $400 Million
On Friday, Gov. Rick Scott said the state debt had been paid down by $400 million this year. During Scotts time in office, the state debt went from $28.2 billion to its current $24.2 billion.
During the last few years, Floridas economy has experienced a tremendous turnaround, Scott said on Friday. By focusing on paying down debt, cutting taxes and eliminating burdensome regulation, weve created an environment where Floridas private sector can grow. Since 2010, Florida has paid down $4 billion in state debt, Florida businesses have created over 640,000 jobs and we have cut taxes over 40 times. I am proud of the work we have accomplished, but we must remain focused on fiscal responsibility and job creation in the Sunshine State.
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