State to announce budget shortfall

April 14, 2009 5:59:15 PM PDT
Wednesday could be a make-or-break day in the state's budget crisis.Currently, North Carolina is looking at a projected $3 billion shortfall, but it could be more or less depending on income tax returns.

The North Carolina Department of Revenue says it will know more once it crunches the numbers.

It's expected to announce the amount later next week.