An AP story reports that Gov. Jennifer Granholm and Republican leaders agreed Wednesday on a plan to deal with an estimated $376 million shortfall in the state's general fund budget. The new executive order still includes a $30 million cut for state universities, but they would be first in line to have funds restored if tax revenues come in higher than expected this spring and summer. President Irvin D. Reid of Wayne State and President Lou Anna Simon of Michigan State indicated they were satisfied with the agreement. "I think the governor has made a noble effort in trying to get us some funding for sort of a stopgap," Reid said. University of Michigan President Mary Sue Coleman said U-M will live with the agreement, but more needs to be done to fund the state's higher learning institutions.