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Edwards' $315 million deficit-closing plan to be unveiled

7 months 1 week 3 days ago November 14, 2016 Nov 14, 2016 Monday, November 14 2016 November 14, 2016 4:40 PM in News
Source: Associated Press
By: AP News

BATON ROUGE - Gov. John Bel Edwards' chief budget adviser will unveil the administration's proposal for closing a $315 million deficit to lawmakers on Friday.

Commissioner of Administration Jay Dardenne will outline the recommendations to the joint House and Senate budget committee, seeking to close a budget hole left from the fiscal year that ended June 30.

It wasn't clear if the proposal would rely solely on cuts to close the gap, or if the Edwards administration has found any pots of money to offset some of the deficit. Dardenne's spokesman, Cody Wells, said no specifics would be released before Friday.

State agencies and colleges have been asked to prepare for budget cuts of up to 10 percent of their state financing, and the Edwards administration had been sifting through those scenarios.

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