A state panel that determines how much revenue the Louisiana government has at its disposal delivered the bad news on Monday that everyone knew was coming: the budget hole is even bigger than estimated.
NOLA.com reports that dropping oil prices continue to make an already bad budget situation in Louisiana even worse.
Greg Albrecht is the chief economist for the Louisiana Legislature. He said today, “The news is bad.”
The closure of the master's program in romance languages at the University of New Orleans has been postponed, NOLA.com reports.
At a meeting of the University of Louisiana Board of Supervisors last week, faculty and staff in the foreign languages department questioned the low enrollment numbers used in a report about restructuring the programs.
The House Appropriations Committee got a different look at the cost of six years’ worth of higher education cuts Monday, as the push is on for colleges and universities to better prepare students to fill new jobs coming to Louisiana.
The head of a nonprofit advocacy group that promotes health research said Louisiana stands to lose millions of dollars in medical research funding due to the across-the-board federal spending cuts known as the sequester. Mary Woolley, president of the Alexandria, Va.-based Research!America, said the National Institutes of Health distributes billions of dollars to universities and research institutions – and the grants are getting scarcer and more competitive.
Originally published on Thu February 7, 2013 5:33 pm
Almost $83 million in cuts to healthcare programs and services went into effect Friday to shore up a mid-year deficit in the state budget. These are separate from a previous round of cuts made in July.
The latest round of reductions includes cuts to services for at-risk children and low-income moms, as well as a one percent drop in the rate paid to hospitals and physicians for non-primary Medicaid services.