Thursday, March 10, 2011

What will Jindal cut?

What will Gov. Jindal say when he addresses the joint budget committee tomorrow morning? As Advocate reporter Michelle Millhollon notes in this article, very few hints have been dropped by the administration.

Jindal has said that he can keep higher education cuts in the 10% range, but how is that possible, what with a $1.6 billion shortfall looming. The part of the budget that lawmakers can easily cut - the nondiscretionary portion of the general fund - is just $2.6 billion, so we're talking about a cut on the magnitude of 62% for the budget to be balanced. Higher education and health care constitute two-thirds of that.

Thus far, the governor is sticking to his resolve not to raise taxes or tighten any of the state's generous tax loopholes. The upcoming fiscal legislative session won't be fun for anyone.

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