 That's right, you didn't hear that incorrectly. That's an actual substantial cut to government spending in Florida. This year, Florida's budget puts $1.5 billion towards tax relief and uses $6.3 billion to pay down outstanding debt, bringing the state's overall debt level to a 25-year low. As the boom years for state budgets post-pandemic fade away, the states committed to fiscal responsibility will find themselves in a much stronger position.