Following last week’s passage of the FY 10 state budget (HB 1) by the House, action on the bill moved to the Senate.  On Monday, the Senate Finance Committee began hearings in which, according to the Associated Press, committee members “are grappling with a $1.3 billion drop in state general fund revenue” and take up the bill after “the state House added millions of dollars in one-time money from a planned tax amnesty program and an expired insurance fund.”

The governor's top budget adviser, Commissioner of Administration Angele Davis, asked senators to be mindful of continuing to add new streams of money to the budget that will fall away in a year or two, saying that will only worsen the state's financial woes down the road.

Click this link for the AP’s full coverage of the hearing.