Rajesh Narayanan

The senate finance committee has yet to reach a decision on the proposed state budget, which currently includes major cuts to health care and education.

WRKF's Tegan Wendland had a conversation with LSU Professor of Finance, Rajesh Narayanan, who says year after year the state has faced major deficits and the future doesn't look too bright - unless there are major changes in the way the state makes investments.