The task: Crafting a state budget for the fiscal 2010-11 period that erases a projected $4.57 billion shortfall.

Coming soon: Gov. Tim Pawlenty, a Republican, will issue a revised budget within weeks to take into account Tuesday's economic forecast.

March-May: The Legislature, with DFL majorities in both houses, will work on bills that form the state budget.

May 18: The deadline for the Legislature to adjourn.

July 1: The 2010 fiscal year begins. State funds must be in place to avert a partial or full government shutdown.