Florida governor asks for big budget cuts

EUSTIS, Florida Mon Feb 7, 2011 2:16pm EST

EUSTIS, Florida Feb 7 (Reuters) - Florida's new governor on Monday proposed slashing state spending by more than $5 billion while cutting taxes by more than $4 billion over two years.

Republican Governor Rick Scott also said at a gathering of Tea Party activists in rural central Florida that healthcare reforms in his budget proposal would save Florida's hard-pressed state government nearly $4 billion over two years, according to a news release. Florida's budget now runs about $70 billion annually. (Reporting by Michael Connor and Tom Brown in Miami)