Revenue forecast today at 10

Following a rather bleak economic review earlier this month, Arun Raha, our state's chief economist, is expected to roll out news today that, as Senator Craig Pridemore stated, "would make us wish for the end of the world."

That may be a bit dramatic, but for families who are struggling in these tough economic times and are in desperate need of health care, worker retraining classes, child care or food stamps, the impact of Raha's news hits close to home.

Today's revenue forecast will tell us whether the state is on track to bring in the revenue needed to keep our budget in the black for the remainder of the 2009-11 biennium. If not, more budget cuts will be needed before the 2011 budget years ends in June.

The forecast will also tell us whether the budget hole for the 2011-13 biennium is going to be bigger than the $4 billion or so already anticipated.

You can watch it online live at 10 a.m..