State Budget: Running the Clock
If you are wondering what is happening to the state budget, it appears that the closest analogy is the point in the film High Noon in which the train carrying the Bad Guy arrives at noon. After he arrives, there will be a confrontation/shoot-out with the Good Guy. In the case of the state budget, however, it is midnight – not noon – that is critical: midnight on June 30. At that point, the fiscal year 2010-11 ends and there is no budget to replace it. Also, the taxes that the governor wants to extend expire so that any ballot…