DALLAS - Louisiana Gov. Bobby Jindal has proposed mid-year fiscal 2009 budget cuts totaling $341 million as state revenues continue to fall due to a drop in energy prices.
Jindal issued an executive order on Tuesday that put into place $162.5 million in cuts. That is the maximum provided for under the state constitution, which allows the governor to trim general fund spending by 3%. The general fund budget for fiscal 2009 is $9.4 billion.