MADISON - The Republican speaker of the state Assembly said Thursday he hopes a solution to the state's $527 million budget shortfall can be reached within days.

Speaker Mike Huebsch of West Salem said in an interview with the WisconsinEye cable network that private talks so far have been very productive and substantive.

When asked when he expected there to be a deal, he said, "I hope that it's days. ... I'm encouraged by the discussion that we've had and the willingness to work among us."

Huebsch declined to say what has been discussed.

Spokeswomen for both Gov. Jim Doyle and Senate Majority Leader Russ Decker, D-Weston, said they are also optimistic that a deal can be reached quickly.

Last year there was a nearly four-month-long stalemate before lawmakers and Doyle reached a deal.

More action on the budget was needed due to a weakening economy that resulted in a projected $527 million shortfall.

Both the Senate and Assembly have passed budget plans that differ from Doyle's proposal.

All sides have said the problem needs to be addressed quickly.

Huebsch said Thursday that he will call the Assembly into session once there is a deal.

"There is a recognition that we do this sooner rather than later," Huebsch said.