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Legislators look to refinance tobacco bonds to help fix budget 

Legislative leaders are still trying to reach an agreement on how to fix the more than $0.5 billion deficit in the current state budget.

They're now looking at getting $247 million by refinancing bonds the state issued to get cash more quickly, after settling its lawsuit against tobacco companies.

Gov. Jim Doyle had earlier suggested a smaller re-financing for $37 million. That was when a hospital tax was still being considered. That's out of the cards now.

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