Barbour warns lawmakers: $20M settlement must go to feds
JACKSON, MS (WLOX) –
Gov. Haley Barbour on Tuesday sent a letter to legislative leadership warning the Joint Legislative Budget Committee against relying on a $20 million pharmaceutical legal settlement to shore up the state budget in Fiscal Year 2013.
“I urge you to not be misled to think this $20 million in legal settlement funds represents a windfall for budgeting purposes; it does not,” Gov. Barbour said. “The state must repay the majority of these funds back to the federal government. The federal government is entitled to reimbursement of its share of overpayments. I urge you not to include these funds in your legislative budget recommendation for FY 2013.”
WLOX
12/6/11
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Magnolia Tribune
This article was produced by Magnolia Tribune staff.
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