Virginia faces potential budget crisis as talks break down [Video]

Virginia has three months before the current two-year state budget ends and a new one begins — if Gov. Glenn Youngkin and the General Assembly can reach an agreement to avoid an unprecedented shutdown of state government.

Virginia governors and legislatures have come close to constitutional crisis before with no way to fund the government without a new two-year budget in place by July 1.

But this time the Republican governor and Democratic-controlled legislature are barely talking to each other after a politically calamitous week.

Youngkin, once touted as a presidential prospect, took a blow to his political legacy Wednesday when the owner of the Washington Wizards and Washington Capitals abandoned a proposed $2 billion sports and entertainment district in Alexandria that the governor had championed and the assembly had blocked. Instead, Monumental Sports owner Ted Leonsis cut a $515 million deal with District of Columbia Mayor Muriel Bowser to keep the teams in Washington.

The next …