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THE TEXT OF THE GOVERNOR'S BUDGET ADDRESS - EXAMINER.COM
Fourth, we're creating a new Health Care Trust Fund, and putting
all of the proceeds from the tobacco tax in this fund to pay
Medicaid costs that are directly related to smoking.
Through refinancing, we will restore $650 million of the tobacco
settlement. And let me be clear, that money has to be set aside
forever, with only the interest being used to fight against
tobacco. I think you know how strongly I feel about this, and
wherever you go with this budget, I will not allow the mistakes
of the past to ever be repeated.
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