LINCOLN, Neb. (AP) _ Nebraska lawmakers may have to cut spending or dip into a record rainy-day fund to make up for a projected revenue shortfall due to a slowing economy.

Government fiscal analysts said on Wednesday that over the next two fiscal years the state could fall $377 million short of meeting a budget requirement. It mandates that the state have a budget cushion equal to least 3 percent of total, planned spending during the two-year budget cycle.

Lawmakers will have help from the rainy-day fund that is expected to reach a record $593 million. A budget will be approved during the legislative session that begins in January.