Saturday, February 12, 2011

Leg. Update: No agreement yet on supplemental budget

While both the House (page 2) and Senate (page 10) have passed versions of a supplemental budget designed to chip away at the projected $566 million shortfall (originally $1.1 billion last November) in the fiscal year that ends this June, budget negotiators are still grappling with proposal differences.

House and Senate Ways & Means chairs and ranking members met with the governor’s office for a “five-corners” meeting late Friday afternoon and appear to be getting close to an agreement.

Read the full update.