Faced with budget reductions between $400 million and $700 million, the California State University's leaders have been meeting to develop strategies to manage an unprecedented budget crisis. At the conclusion of their most recent session June 3, CSU Chancellor Charles B. Reed said his goal is to provide an action plan developed in consultation with the presidents and trustees. Reed stressed that no decisions have been made, but the magnitude of the cuts means that all options need to be on the table as no single solution or approach can create the savings the CSU needs.