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Thu May 24, 2012
Rainy Day Fund Part of Ongoing Budget Negotiations
BATON ROUGE, La. (AP) — An attempt to tap into Louisiana's "rainy day" fund to fill a $200 million deficit this year is mired in negotiations. Members of a bloc of conservative House Republicans say they won't support using the rainy day fund to fill the gap in the current year budget, unless the Senate goes along with limitations on the use of one-time money in next year's spending plans.