May 27, 2009
All eyes are on the Senate as they finalize the 2009-2010 budget. The final proposal will likely include gambling to fund state spending. The question is how much will spending be reduced and which tax(es) will be eliminated in their proposal. It is possible that the budget will not be resolved before the end of June. If we are unable to agree on a budget then we would work on a continuing resolution. We could continue spending at current levels or that plus or minus a percentage. The Senate should finish their work this week and recommend a budget to their body.