Blueprint Louisiana Board of Trustees FOR IMMEDIATE RELEASE May 24, 2012 Jimmy Maurin For more information, please contact: Jim Harris or Brad Lambert 225-344-0381 office jharris@hdaissues.com blambert@hdaissues.com Chairman Dr. Philip Rozeman Secretary Mitch Ackal, Jr. Clay Allen Boysie Bollinger Bill Borne Bryan Bossier, Sr. J.J. Buquet Daryl G. Byrd David Callecod Blake Chatelain Jim Davison Maura Donahue Bill Doré Reggie Dupré James Elrod Art Favre Bill Fenstermaker John Finan Randy Gilchrist Bob Giles Charles Goodson Michael Gray Bryan Hanks Kirk Headley Bill Ironside John Kotts Edward Krampe Jay Lapeyre Lenny Lemoine James Madden Johnny Martin John Matessino Hank Miltenberger John Noland Dan O’Leary Wayne Patterson Greg Pellegrini Mike Polito Cleland Powell Dr. Patrick Quinlan Sean Reilly Mike Reitz Richard Richardson Byron Salazar Bill Scheffy Christopher Schouest Kenny Smith Kenny St. Romain Robert Stuart, Jr. Matt Stuller Steve Stumpf Shawn Usher David Welch Brent Wood Stephen Wright Gus Zepernick Blueprint Louisiana Chairman Jimmy Maurin issued the following statement today regarding the state budget situation: A quote from former Federal Reserve Chairman Alan Greenspan provides a succinct summary of the choices facing state lawmakers on the budget: “Our choices right now are not between good and better; they’re between bad and worse.” For whatever reasons, state revenues are not rebounding as quickly as hoped, continuing to produce state budget shortfalls — even when expenditures have been curtailed — that are neither pleasant nor productive. Critical health care and higher education funding remains over-exposed to the budget ax as part of the undedicated programs financed with the State General Fund. In times like these, it seems more flexibility, not less, gives leaders the most options to do the least amount of harm to vital services. That is why Blueprint Louisiana supports budget flexibility that may be provided by the use of one-time money, a “funds sweep,” or the Budget Stabilization Fund to put together another budget that doesn’t cripple higher education offerings or health care services relied upon by thousands of Louisianians. These tools are built into our Constitution and laws for times such as these. Certainly, we must continue to do everything we can to make government as efficient as possible. But if we continue to cut higher education or price it out of the reach of our citizens, where will our employers find their future workers? If we can’t care for our most vulnerable, that, too, will impact our current and future workforce. Louisiana must continue to make the best of a challenging budget situation. We should attempt to do that with as much flexibility as possible. ###