Listen: Local Budget
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There's not much dissent to be heard when it comes to the new agreement to cut taxes and balance the budget. Senate Republican Leader Trent Lott says it will mean a "new era of freedom" for Americans. It includes tax breaks that will mainly benefit families with children, students, and investors. President Clinton says it's "very, very good" for the country. At least three groups in Minnesota stand to benefit: legal immigrants, those on Medicare, and flood victims. The agreement includes a guarantee from the federal government to pick up more of flood recovery costs. FEMA's disaster aid formulas are population based, and Minnesota Mayors along the Red River had complained they were only getting 75-percent coverage, while their neighbors just across the water in North Dakota were getting 90-percent. The new budget agreement raises Minnesota aid to 90-percent, too. East Grand Forks mayor Lynn Stauss says extra help is extremely welcome news.

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