Yes, it's the 130th day of session so far in 2015, and still no one knows what's going to happen. I will explain the situation from the VERY beginning.
There is about a $3 billion revenue shortfall. The legislature needs a three-fourths vote in each body to use money in the constitutional budget reserve to cover the shortfall. They only need a majority vote in each body to use the funding in the permanent fund earnings reserve.