Five days into its new fiscal year, Massachusetts remains without a budget.
A House-Senate conference committee is expected to resume closed-door negotiations on a final spending plan on Wednesday. State government continues regular operations for the time being thanks to an interim $5.2 million budget that was approved last month.
The ongoing talks have been complicated by a revenue shortfall that has thrown into doubt the assumptions on which the proposed $40.3 billion spending plan for the new fiscal year are based.
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Democratic legislative leaders and Republican Gov. Charlie Baker have not said whether revenue and spending projections will need to be revised downward - and if so by how much.
The Massachusetts Taxpayers Foundation says the fiscal 2018 shortfall could go as high as $1 billion.