66°
Baton Rouge, Louisiana
3 Day Outlook
Fri
85°
69°
20%
Sat
86°
69°
60%
Sun
85°
70°
50%
Follow our weather team on social media

State budget forecast still gloomy

4 years ago January 21, 2011 Jan 21, 2011 Friday, January 21 2011 Friday, January 21, 2011 5:11:21 PM EST in News
Source: WBRZ

The state budget forecast still shows a $1.6 billion dollar shortfall. 

It also shows the same shortfall five years from now. 

Budget analysts say if the current deficit is fixed this year,  most of the five year debt disappears.

Some lawmakers say the public can't understand why recent spikes in the price of oil haven't helped. 

Economist Greg Albrecht says the low price of natural gas has actually caused the overall mineral rights revenue to drop.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
Partly Cloudy
89°
70°
Fri
Partly Cloudy
85°
69°
Sat
PM T-Storms
86°
69°
Sun
PM T-Storms
85°
70°
Mon
Scattered T-Storms
83°
70°