Treasurer John Kennedy

Louisiana Budget
12:04 pm
Tue June 19, 2012

Gov. Jindal Strips Dollars From Critic's Budget

BATON ROUGE — Treasurer John Kennedy, a critic of the Jindal administration's financial policies, has found his budget cut with Gov. Bobby Jindal's line-item veto.

In his veto message, Jindal said he's stripping more than $511,000 from Kennedy's budget next year to "streamline" the agency, to reflect spending patterns over the last three years and to strip money for four vacant jobs.

Kennedy's office will have a $12.2 million budget in the fiscal year that begins July 1, compared to $12.7 million this year, a 4 percent reduction, according to the treasurer's office.

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