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Last Updated on Wednesday, 29 September 2010 12:44 Written by rslcpol Friday, 11 June 2010 01:20
From the Business Review:
New York state leaders continue to brace for an unprecedented government shutdown on June 14—even though no one knows exactly what would happen.
The state has subsisted on a series of emergency spending plans, in lieu of a state budget, which is now 72 days late. The latest spending plan expires after this weekend.
Legislators are scheduled to vote on a new, one-week-long spending plan on June 14. The bill would continue to fund bare-bones state operations.
But now, more than ever, it remains unclear if the bill will pass the Senate. The ensuing government shutdown would be unprecedented in state history.
Tags: New York