The state budget is supposed to be in place by July 1, Friday of this week. In the old days, when the economy was in trouble and you needed a 2/3 vote to pass a budget, there were long delays beyond the deadline. An improved economy and a ballot proposition cutting the requirement to a simple majority have ended budget delays. However, the governor has a line-item veto and in the recent years has made minor cuts in what the legislature enacted, which adds a bit of suspense. He has some problems to deal with, notably a failure of the cap-and-trade program to produce anticipated revenue - which is a potential threat to his high-speed rail project. We await.