The federal debt debate that has divided Congress and disrupted financial markets next could affect state budget writers.
Florida's credit rating appears safe with Standard & Poor's giving it a boost in July and Republican leaders in the Legislature crafting recent budgets with warnings from financial ratings agencies ringing in their ears.
But the debt deal in Congress includes $2.1 trillion to $2.4 trillion in cuts over the next decade, which could trickle down to Florida where federal spending remains the state budget's largest source of money.












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