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Florida faces a $3.6 billion shortfall in the coming fiscal year.
For the coming fiscal year, the reductions would be $10 billion to $15 billion, they said.
Lawmakers are scheduled to begin hearings next week on the budget for the coming fiscal year.
Mr Bush's budget for the coming fiscal year proposes deep cuts in farm subsidies.
On January 28th the Scottish Parliament rejected his budget for the coming fiscal year.
The city's estimated budget shortfall for the coming fiscal year is $360 million.
But in 2009 he thought it would fall to 3% by the coming fiscal year.
It has been estimated at A$35 billion for the coming fiscal year.
For the coming fiscal year, Mr. Tsang again predicted a deficit of $628 million.
The group anticipates 2,600 job losses in the coming fiscal year.
The company is now bracing for gloomy results for the coming fiscal year.
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