This just in from the Times-Picayune:
Gov. Bobby Jindal said this morning that he might be willing to use some money from the state's rainy-day fund to offset budget cuts planned for public colleges and universities.
Jindal said use of the fund is part of ongoing discussions between the administration and leaders in the House and Senate over various ways to plug at least part of the $219 million in reductions for higher education that the governor proposed in his 2009-10 budget blueprint.