I don't know if Gail is around right now. She's been on the road.

Calculated Risk has a link to the following WSJ article. One would expect to see continued desperate efforts to increase tax revenue, in conjunction with layoffs and cutbacks of government services, first on the local & state level, then federal--rinse & repeat.

http://online.wsj.com/article/SB124631641224470651.html
Ten States Race to Finish Budgets
Sharply Lower Tax Revenues Lead to Eleventh-Hour Wrangling, Threats of Shutdowns

Ten states were scrambling Monday to pass budgets before a Tuesday deadline, with a handful -- including Arizona, Indiana and Mississippi -- facing the possibility of partial shutdowns if their legislatures don't act in time.

The number of statehouses where budget wrangling has gone down to the wire this year is unusually high, analysts said, and reflects the difficulty legislatures and governors are having coping with income- and sales-tax collections that continue to run far below already low forecasts.