UPDATE: Barbour cuts nearly $54.3 M from Miss. budget
JACKSON — Gov. Haley Barbour said Thursday he is cutting almost $54.3 million from Mississippi’s nearly $6 billion budget.
His announcement Thursday was the second round of spending reductions Barbour has made since the fiscal year started July 1.
He says he anticipates making another $160 million in cuts before the year ends June 30.
Combining the latest cuts with an earlier round in September, Barbour has now sliced about $220 million. November marked the 15th consecutive month for Mississippi’s tax collections to fall short of expectations.
Barbour says the cuts Thursday include a 5 percent reduction in Medicaid spending, which will take effect in February. He says he wants to give physicians and other Medicaid providers time to get used to the idea that their payments will be reduced.
The new reductions do not include education, which already had been cut in September.
OMG! That sounds so much like our parents, doesn't it? What WAS I thinking?