Gov. Bobby Jindal said the projected $1.6 billion financial shortfall for the state is primarily due to plummeting oil prices, but a top Louisiana economist said the cuts spring from other problems.
Greg Albrecht, the chief economist for the Louisiana Legislature said in report released Wednesday the shortfall was caused by years of using funding from unstable sources.
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Louisiana state economist contradicts Bobby Jindal’s explanation of budget problems
February 26, 2015
Gov. Bobby Jindal, along with LSU President F. King Alexander and agency representatives, break ground on the new Center for River Studies- the first of three buildings to make up the Water Campus.
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