DALLAS - Arizona Gov. Janet Napolitano has revised last month's fiscal 2008 budget-deficit action plan following indications the state's revenue shortfall is almost $300 million worse than expected.

The governor proposed a budget plan in early January to deal with a revenue shortfall in fiscal 2008 of some $870 million in the state's $10.6 billion budget. However, the latest state revenue reports show a shortfall for fiscal 2008 of $1.15 billion and a shortfall of up to $1.73 billion for fiscal 2009, which begins July 1.

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