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Gov. Tim  Pawlenty says the state budget can
absorb a minor downturn in the economy but not another major drop.
      Speaking in Minneapolis, Pawlenty said  the budget that passed the Legislature builds up a reserve of more than $500 million, so if there's
a "minor hiccup" the state should be able to deal with it. But if the economy tumbles badly, Pawlenty says state officials will have
to re-evaluate all their options.  Listen to Pawlenty's wide-ranging discussion at a meeting of the Society of Professional Journalists.

Pawlenty: Budget can handle minor downturn

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