1:30 LRN Newscast

A third special session is likely after lawmakers failed to address the fiscal cliff as the second special session of the year ended last night at midnight. 648-million dollars in temporary taxes are set to expire on July 1st and many House Republicans are not willing to pass a sales tax bill to replace much of the lost revenue. Americans for Prosperity State Director John Kay says it’s time to reduce state spending…
Cut 11 (06) “the budget”
The budget approved by legislators would reduce higher education funding by 96-million dollars and TOPS would be funded at 70-percent. UL System President Doctor Jim Henderson says he holds out hope that revenue will be found in the expected third special session to cover up the shortfall…
cut 4 (11) “…work on”

A report is recommending a reduction in the use of chemotherapy in breast cancer patients. Kevin Barnhart has more.
Cut 2 (28) ” I’m Kevin Barnhart”