more than 25 billion, illinois 15 billion. and new jersey, trying to close at 10 1/2 billion dollar gap. and budget and labor battles sure to be a topic of discussion, when the president meets with the nation s governors this weekend. they have their annual meeting of the national governors association. and doug mcelway is live in washington with more on that, hi, doug. reporter: good morning, jamie. they ve discussed a range of topics from the economy, education, jobs, global competition and their budgets, but underlying each of these important issues, it s a fundamental problem of financial insolvency as you guys mentioned and even discussion about some of the states declaring bankruptcy. there seemed to be some agreement that such a move would create more problems than it would solve, but unlike the federal government, the states have to balance their budgets, a difficult thing to do when the governors say they re getting so many mixed signals from washington. for example, they