Wednesday, September 26, 2007

Further update on the tax bill

Here is a note from sleuth extraordinaire, Leon Drolet:

A committee of key House and Senate lawmakers have been meeting since 9:00am today, trying to reach an agreement on how to avoid a state shutdown that will occur this coming Sunday at midnight. So far, Senate Majority Leader Mike Bishop has refused to agree to an income tax increase and Democrats have refused to agree to more than $300 million in spending reductions and want to raise taxes for the rest of the $1.75 billion.

We have a stalemate that could break the minute either side blinks. And the spenders won’t blink. So, we either have shutdown, pass a continuation budget for one month or so, or we have a crippling tax hike on citizens.

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