Several members of the joint economic outlook committee have questions for state chief economist Derek Santos, who presented his projections – he's dropped his forecast for state tax revenue growth for this year from 6.4 percent to 4.4 percent, then predicted that next year, revenues will grow 5.8 percent above that lowered figure. That comes to 2.7003 billion for next year, fiscal year 2013.

The committee members have turned in their estimates, and the median is at $2.6389 billion, which assumes growth of 4.3 percent this year and then 3.5 percent above that next year. That's $61.4 million lower than the governor's forecast. If that were the figure adopted, it'd mean taking that amount out of the state's spending plan for next year, compared to what the governor wants to do; it'd be enough of a change to remove all funding for the governor's proposed $45 million in tax cuts or $60 million in refilling of emptied state rainy-day funds. Every single member of the committee submitted an estimate below the governor's.