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The next nine days
Things change. That said, here's the probable scenario for the next nine days:
Today through Monday: State economists, fiscal analysts and bright non-partisan staff will work to calculate new ranges for a modified revenue forecast. Difficult task. They will do it admirably. Then they will all meet and work out consensus numbers.
Wednesday: The Executive Appropriations Committee will meet to adopt the new consensus numbers as the official budget target.
Thursday: Appropriations subcommittees will meet to do their work. In most cases they will scale back a portion of the budget increases of the last session.
Friday: The House and Senate will meet in a Special Legislative Session, as called by the Governor, to discuss and adopt a balanced budget. Track it here. And here.
Click here to sign up for Senate Text Alerts. We won't announce Barack Obama's VP pick but we'll try to keep you posted on the budget.
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