It's been two days since the deadline expired, but New York state still doesn't have a budget for the upcoming fiscal year.

This comes after days of back-to-back talks and political brinksmanship.

Instead, the legislature has passed a budget extender through the end of May. This means that New York will be funded at last year's levels, and the state government won't shut down. 

WNYC's Fred Mogul told All Things Considered host Jami Floyd that controversial topics, like the 421-a tax abatement and affordable housing, prevented Democrats and Republicans from closing the deal. According to Mogul, it's not yet clear when these issues will be resolved.

"There is a little heat on them: under this extender deal, legislators don't get paid," Mogul said. "On the other hand, there's a fear that the end of May could look a lot like the end of March."

Even though the state government can keep running, many institutions that rely on state budgeting are put in a bind. New York City schools, for example, need to start planning their budget in May — which might be difficult without knowing how much state support they can count on.