The Rhode Island House is expected to vote on a $7.8 billion fiscal 2011 budget today that would authorize a $350 million tax anticipation note issue and put two bond deals on the November ballot. It would also cut spending in the current fiscal year.

The budget, which the House Finance Committee approved last week, would raise certain fees and taxes but not sales or income taxes. It also counts on $108 million of additional Medicaid funding that may not materialize if Congress fails to approve it.

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