New tax cuts proposed for the next fiscal year should be deferred.
President Bush has proposed $10.6 billion for the next fiscal year, which begins Oct. 1.
"We can't find any reason to propose more money for the coming year or for the future."
The administration officials said that the added school aid would be one of very few budget increases proposed for the fiscal year beginning July 1.
The concept is not controversial, and Republicans were already planning to propose similar increases for the next fiscal year.
The report said 25 governors had proposed net tax cuts for the coming fiscal year.
The Bush administration has proposed a $379 billion military budget for the next fiscal year, a 14.5 percent increase over the previous year's budget.
The Governor has proposed a $6.9 billion budget for the fiscal year that begins July 1.
So far, the additional expense of higher interest rates does not loom large in the $51 billion state budget proposed for the coming year.
Why may we not see everything the Commission intends to propose for the coming year?