State endures red ink woes
Just 29 days before Gov. Bobby Jindal and the 144 members of the Legislature are to be sworn in, they got a strong hint that governing might not be a bed of roses during the next four years. The four-member Revenue Estimating Conference (REC) met Dec. 14 to give revised revenue estimates for the current 2011-12 fiscal year and for the 2012-13 budget year as well. The news was not good.