We received updated revenue estimates, and it looks like the budget shortfall's final tally will be $301 million. Much of this is offset by the Governor's cuts last year and earlier this spring. The federal stimulus will hopefully make up the rest.
Next year's budget will be a little worse. Currently, it looks as though the current fiscal year 2010 estimate is $402.7 million less than the October estimate. That signals a lot of work to do on the budget before the session ends.
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