re: So LSU is probably filing for bankruptcy

quote:

---

There are ways that deficits and cuts can be made temporarily until the fiscal situation improves, oil and gas prices come back up, etc.

---

There is no where else to cut unless the legislature rewrites the state constitution to get rid of "protected" funds. Health and hospitals was done away with already. Can't cut from them.

This was also going to happen if O&G was still strong.

We've had 7 years of budget shortfalls and Moody's has lowered our credit rating bc of it.

This was during the O&G boom.

Jindal has fricked this state, and the legislature has done nothing to put a stop to it.