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Home / Budget / Taxes / Unallotment redux? The forecast, the deficit and the ticking clock
For budget watchers at the Capitol, the main question concerning the November economic forecast that will be released at 11:00 a.m. Wednesday is how big is the hole? Most observers we've talked to are expecting an additional revenue shortfall on the high side of the $500 million to $1 billion range. Many also think the news could be followed by more unilateral budget cuts from Gov. Tim Pawlenty before the Legislature reconvenes in February.

Unallotment redux? The forecast, the deficit and the ticking clock

For budget watchers at the Capitol, the main question concerning the November economic forecast that will be released at 11:00 a.m. Wednesday is how big is the hole? Most observers we've talked to are expecting an additional revenue shortfall on the high side of the $500 million to $1 billion range. Many also think the news could be followed by more unilateral budget cuts from Gov. Tim Pawlenty before the Legislature reconvenes in February.

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