DeSantis vs Florida’s Rainy Day Fund | Miami News

Florida’s governor Ron DeSantis is fiercely opposing Amendment One, a Republican-backed proposal that would double Florida’s rainy day fund cap from 10% to 25% of annual revenue. While lawmakers argue it’s essential for economic resilience—especially recalling the Great Recession’s budget crisis—DeSantis insists the state already has ample reserves and urges voters to reject the amendment, pushing instead for tax cuts and toll elimination. With overwhelming legislative support and a potential $750 million annual boost to the fund, the amendment now hinges on a 60% voter approval threshold—a stark clash between fiscal caution and preparedness. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.cbsnews.com/miami/news/what-is-florida-amendment-1-gov-ron-desantis/ More coverage & latest updates:https://sources.thednn.ai/b4acfa6ad933761f Report issues to [email protected].