LITTLE ROCK, Ark. (AP) - The Arkansas House has delayed a vote on a controversial proposal to cap state spending.
Republican Leader Rep. Bruce Westerman of Hot Springs said Thursday he plans to amend the measure to specify that the annual spending limit would apply only to the revenue the state has available after paying out tax refunds and other obligations.
The proposal would limit the growth in most of the state's annual expenditures to either 3 percent or the three-year average increase in the state's gross domestic product, whichever is less. Current law constrains government spending to the amount of money it collects.
Proponents of the bill say it's needed to slow the rate of government growth, but Gov. Mike Beebe has said the measure would "wreak havoc" on the state's budget.
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