Where's the law of physics that says the accounting practices and rules that states and universities presently use are set in stone? The upshot of this is that

Where's the law of physics that says the accounting practices and rules that states and universities presently use are set in stone? The upshot of this is that the universities will have to change their accounting and bookkeeping. State legislatures might have to actually get off their duffs and pass some measures on an emergency basis. It's work for them, to be sure, but this is not an insurmountable problem. In light of this, I think the headline is sensationalistic at best, misleading at worst.