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State budget surplus projection doubles to $1.6B

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BISMARCK -- At this rate, we're going to need a bigger piggy bank.

North Dakota's already-rich outlook got richer Wednesday after the latest budget report estimated the surplus in the state's general fund will hit a new high of $1.6 billion by the time the current biennium ends next June.

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That's nearly double the $850 million surplus projected just two months ago.

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