LAS VEGAS - Unsurprisingly, the Interim Finance Committee adjourned today without any great steps taken toward resolving Nevada's current budget crisis. Balancing the state's budget, which the Economic Forum last week projected was running a $250 million deficit, will now be the topic of a special session of the state legislature to convene tomorrow.
Following the governor's original call for a special session earlier in June, Democratic legislative leaders, including Assembly Speaker Barbara Buckley (D-Las Vegas) and Senate Minority Leader Steven Horsford (D-Las Vegas) disputed the need for a special session and argued the shortfall could be dealt with through the IFC process.
Those arguments were silenced by the forum's projection and instead of attempting a stop-gap fix of the current shortfall, the IFC approved only minor, previously decided upon cuts.
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