Barbour plans fifth budget cut this year

After hearing from state revenue estimators that the 2010 budget is expected to fall almost $500 million in the hole, Gov. Haley Barbour said he will make a fifth round of cuts today.

“I will make reductions in accordance with our new numbers,” Barbour said.

The $41 million he plans to cut today will put total budget reductions this fiscal year at 9.47 percent.