Jindal administration announces plan to cut mid-year deficit

Jindal administration announces plan to cut mid-year deficit

BATON ROUGE, LA (WAFB) - The Jindal administration released a plan to Louisiana legislators Friday to cut the $103.5 million mid-year deficit, while protecting higher education and critical services.

It includes reductions to state agency budgets, travel savings, operating services savings, strategic program reductions and continued efficiencies.

"The decline in oil prices means putting everything on the table and making tough decisions about our spending in order to have a balanced budget," said Kristy Nichols, commissioner of administration. "We will continue to make reductions to ensure we are not spending more than we take in. This plan includes strategic reductions that not only balance the current year budget, but put us in a position to create continued savings next year."

The plan will be presented to the Joint Legislative Committee on the Budget on February 20.

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