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Content Tagged As budget_cuts

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  • ExxonMobil makes cuts, keeps Gulf Coast investments amid virus pandemic

    April 7, 2020 9:39 AM

    ExxonMobil, a multinational oil and gas corporation headquartered in Texas, announced Tuesday that it plans to reduce its 2020 capital spending by 30 percent and lower cash operating expenses by 15 percent as a result of the COVID-19 pandemic's impact on the economy. The company's chairman and chief executive... more »
  • Louisiana colleges spared some cuts for now

    December 15, 2016 4:45 PM

    BATON ROUGE- Louisiana colleges took a lighter hit to their budgets Thursday than state lawmakers had feared a month earlier. Members of the Joint Legislative Committee on the Budget recognized a $312 million mid-year budget cut at the capitol and higher education took a $12 million hit. In November,... more »
  • State planning financial cuts to higher education, health care Play Video

    November 18, 2016 6:17 PM

    BATON ROUGE – The state is currently $300,000 million short and in order to fill the gap, the governor's office is proposing big cuts and, once again, higher education and health care may not be spared. Students at LSU are worried. "It will be more difficult to get... more »
  • Baker schools bracing for potential employee layoffs Play Video

    May 3, 2016 7:59 PM

    BAKER- Baker school board members voted on Tuesday to allow the superintendent to reduce school workers if needed in July. The vote is an effort to brace for the possibility of budget cuts. Baker Public Schools Superintendent Herman Brister said that school administrators have been planning for months, for the... more »
  • LSU President warns current students they could lose TOPS under governor's proposed cuts Play Video

    April 12, 2016 10:33 AM

    BATON ROUGE - Healthcare and TOPS took the brunt of the cuts in the governor's proposed budget cutbacks presented to the legislature Tuesday. Here's most the cuts that matter #lalege pic.twitter.com/EShyf63key — Mark Armstrong (@TV_MarkA) April 12, 2016 Governor John Bel Edwards and his budget advisers... more »
  • Gov. Edwards to outline budget cuts Tuesday

    April 12, 2016 8:33 AM

    BATON ROUGE - Governor John Bel Edwards is getting ready to release his budget cut proposals for the fiscal year beginning July 1st. On Tuesday, lawmakers will hear the governor's plan to close the state's $750 million shortfall. Legislators have been struggling to balance the budget for the past... more »
  • Governor Edwards to discuss budget cuts Thursday

    March 24, 2016 9:58 AM

    BATON ROUGE - Governor John Bel Edwards will hold a press conference to discuss budget cuts for the current fiscal year. The press conference will be held on Thursday with Commissioner Jay Dardenne. It is set to begin at 3 p.m. at the State Capitol. Watch the live event HERE: more »
  • House budget hearings begin with uncertainty about cuts

    March 21, 2016 5:59 PM

    BATON ROUGE - Lawmakers in the House have opened their hearings on next year's budget, while Gov. John Bel Edwards' administration is still working to cut another $70 million this year. Commissioner of Administration Jay Dardenne told the House Appropriations Committee the governor will unveil the reductions to rebalance this... more »
  • Best case budget scenario could see Nicholls close temporarily

    February 15, 2016 1:09 PM

    BATON ROUGE - Nicholls State University would be forced to close at least temporarily this year even if the best-case scenario presented to the Louisiana Legislature prevails. A plan from the University of Louisiana System says the Thibodaux-based school could close for 12 days in the face of budget... more »
  • LSU students plan to protest possible budget cuts, encourage others to join

    February 12, 2016 11:04 PM

    BATON ROUGE - LSU students are planning to fight pending budget cuts that could affect higher education and the TOPS program. The state announced a suspension to the TOPS scholarship program, Thursday. Friday morning the state reinstated 80% of the TOPS payments, and instructed the universities to absorb the other... more »
  • Budget threats becoming familiar pattern Play Video

    February 12, 2016 6:58 PM

    BATON ROUGE - The current budget brinksmanship is nothing new in Louisiana politics. Less than a year ago, similar doomsday stories were told about the future of higher education and health care. Both then and now, state leaders emphasized those scenarios would play out if taxes were not raised.... more »
  • Southern revises budget plans, says closures aren't in the picture Play Video

    January 26, 2016 11:55 AM

    BATON ROUGE - The morning after saying deep cuts to state funding could effectively close their doors, Southern University said that is not the case. SU Baton Rouge spokesperson Henry Tillman sent out a narrative Monday night which described the effects of a proposed 32 percent mid-year cut in... more »

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