The State Health Plan for teachers and state employees in North Carolina has gone from an expected $50 million surplus this year to a $200 million deficit in the last couple weeks. Legislators, on a bipartisan basis, are trying to salvage it by jeopardizing the last fig leaf of fiscal responsiblity in the budget they passed last weeek.
Read more on the fiasco here, here, and here.
UPDATE: Legislators have decided not to decide and just go home.