ATLANTA - Louisiana Gov. Edwin Edwards said Monday that he would sign a $4.35 billion general-fund budget and $119 million in new taxes for fiscal 1994, both approved by legislators last week, ending the possibility that gridlock might set in when the new fiscal year begins on July 1.

The lawmakers' budget resolves a revenue imbalance for fiscal 1994 that officials had projected at about $618 million in March. The new taxes help avoid large spending cuts that would have otherwise been necessary to bring outlays in line with revenues, as required by state law.

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