The negotiations focused on how to close a $2 billion deficit, between paying off last year’s deficit and having a balanced budget this year.
According to WHTM, lawmakers have all but finalized an agreement to borrow $1.1 billion against the state’s tobacco fund to pay off last year’s deficit.
WHTM also reported that filling the deficit for the current fiscal year will likely use a combination of gambling expansion and continued liquor privatization.
State House Sound Bites reports that gambling expansion discussions have shifted from legalizing video gaming terminals throughout the state, and instead are leaning toward allowing up to 10 new miniature casinos in the state.
Budget negotiations have been taking place behind closed doors.
Reports are beginning to surface that the budget will not be completed by tonight’s deadline.