A 5% budget cut across the campus?

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A 5% budget cut across the campus has been requested by the President's office.  Seems odd that at almost the end of the semester suddenly everyone is being asked to cut budgets by 5%.  What good does a 5% budget cut do and what is the reason for such a sudden move by the Lane regime?
One reason being bandied about by the Lane regime is that this money will then go to faculty and staff salary increases.  Really?  Seems a little spurious reasoning but Deans and Department Chairs have their marching orders from the King.
We will see if along with the 5% budget cuts there are also job cuts as well as those rumors have been persistently circulating too.....perhaps TSU really does have some very serious financial problems and these cuts are just the beginning.....we remain vigilant as always. 

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