Budget reconciliation looks near

 The Associated Press reports that an accord was reached shortly after noon today by the General Assembly’s budget conferees on the FY 08 “caboose” budget bill and the 2008-2010 biennial budget bill.     

Yesterday, Speaker of the House Bill Howell issued a press release announcing that he was pleased with the progress that the conferees were making, and his strong interest in having them finish up their work this week. 

A procedural resolution was adopted by the House and Senate on March 11, readjusting the budget and General Assembly deadlines, after it was clear that the General Assembly had been brought back in to Richmond on March 11 without a budget bill to consider.   The resolution changed the budget deadline to midnight, March 12 and the end of the General Assembly to Thursday, March 13.  The reconvened or “veto” session has been delayed a week,  from April 16 to April 23.

Both Houses are slated to vote on the budget bills late tomorrow afternoon. 

Posted by Ellen Davenport

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