Good news on the cutting front...while this won't affect UT's budget as they are moving forward extremely conservatively with the budget aligned with previously reported 20% cuts to SSIs from the Statehouse, the OBOR has actually only cut SSIs by 4.38%. This essentially means that while many of the cuts were necessary in the long run, the University's financial footing may be in better shape that was initially thought due to a ~5% cut in state subsidies instead of the expected 20%.