Formal action on the state budget will have to wait until next week.
In order to resolve differences between the versions of the budget passed in the Senate and Assembly, lawmakers are expected to meet in a conference committee. However, officials in both chambers say they don't intend to form the committee until at least next Tuesday.
The delay doesn't mean the state's $62 billion budget plan is hanging in limbo though. Lawmakers could still meet informally over the next few days to try and reach common ground on the proposal, removing the need for a special committee.
Budget talks are needed to resolve several key differences between the two plans. Those include whether or not to include a tax on oil company profits and if tax breaks on capital gains should be repealed.
AUDIO: Andrew Beckett reports (MP3 :38)
