60°
Baton Rouge, Louisiana
3 Day Outlook
Tue
82°
62°
20%
Wed
83°
65°
10%
Thu
84°
68°
60%

Latest Weather Blog

Follow our weather team on social media

State budget forecast still gloomy

4 years ago Friday, January 21, 2011 4:11:21 PM CST January 21, 2011 Friday, January 21 2011 Jan 21, 2011 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
83°
60°
Tue
Partly Cloudy
82°
62°
Wed
Mostly Cloudy
83°
65°
Thu
T-Showers
84°
68°
Fri
Partly Cloudy
88°
63°