Economic forecast expected this week

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State officials are expected to get an update on Vermont’s economic forecast this week, and the news may not be good.

Governor Jim Douglas and legislators are already at work trying to pare $25 million in cuts from the 2009 state budget. They’ll meet with the state Emergency Board Tuesday to hear an updated forecast from economists Tom Kavet and Jeff Carr.

The process is expected to take several days, setting the stage for passage of a state budget and the adjournment of the Vermont Legislature by May 2nd.

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