Thursday, September 3, 2015

Analysis: Holes and worries emerge in Louisiana's budget - MELINDA DESLATTE, Associated Press

As lawmakers patched their way through this year's budget, many of them talked as if they had drawn up a six-month plan, fully expecting Louisiana's next governor to come in with a broader blueprint for fixing the state's financial mess. They may have been too generous. This budget may not even hold for six months. One modest cut's already been required, other gaps have emerged and nose-diving oil prices could upend everything. If Gov. Bobby Jindal's administration manages to exit in January without more budget-slashing, it could be leaving a heck of a mess for the governor coming in that month. (Jindal's term-limited and cannot run for re-election. His successor will be chosen this fall.) http://www.sunherald.com/2015/08/30/6387022/analysis-holes-and-worries-emerge.html