Recently the Federal Government of United States came close to shutting down due to tug of war between Democrats and Republicans on Financial policies of Obama.
Now Minnesota.
It is understandable in US as the parties are fighting over the policies to ensure that the Federal/State government does not break down,in India ,especially in Tamil Nadu where Karunanidhi gave away by way of Freebies like color televisions etc. just to capture votes, which did not materialize.
If the report attributed to Jayalalithaa, current Chief Minister of Tamil nadu has a Budget deficit of Rs one lakh crores is True,only God alone can help Tamil Nadu.
Hope Jayalaithaa manages and she will as she has in the past.
Minnesota stumbled into its second government shutdown in six years on Thursday, with a partisan divide over taxes and spending to close a $5 billion deficit becoming only more bitter as a midnight deadline came and went without agreement.
Any hope of a last-minute budget deal between Democratic Gov. Mark Dayton and Republican legislative leaders evaporated around 10 p.m., when Dayton appeared to say he and Republicans were still fundamentally divided over how much the state should spend the next two years and that he saw no chance of avoiding a shutdown.
http://www.msnbc.msn.com/id/43596944/ns/us_news/t/minn-government-shuts-down-budget-talks-fail/
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