The Daily Dime

The Daily Dime is a summary of the day's news stories related to the state budget and issues that affect low- and middle-income individuals and families, compiled every business day by Louisiana Budget Project staff. Click here to have the Daily Dime delivered to your inbox.

ALICE deserves better

Posted on January 15, 2019
The Louisiana Association of United Ways recently released its latest ALICE report, which showed that nearly half of Louisiana households do not earn enough to pay for basic necessities. The| The Times Picayune editorial board looks at the data and reaches an obvious conclusion: Most families that struggle are working, but the jobs they have don’t pay enough to make ends meet.

Number of the Day

33 - The number of Louisiana craft breweries that are impacted by the Alcohol, Tobacco Tax and Trade Bureau closing during the government shutdown. The agency is responsible for licensing and approving labeling for beers distributed out of state (Source: The Daily Advertiser)

Medicaid work requirements can’t be fixed

Posted on January 14, 2019
Seven states — including Louisiana’s northern neighbor, Arkansas — have imposed rigid work requirements on some adults as a condition of obtaining Medicaid health coverage. The results have been predictable: coverage has been taken away from people who don’t meet the new rules.

Number of the Day

4 million - Number of Americans who could potentially lose Medicaid coverage if work requirements were implemented in every state. (Source: Center on Budget and Policy Priorities)

A tax break, then mass layoffs

Posted on January 11, 2019
A month ago, Georgia-Pacific was granted a lucrative break on local property taxes for an expansion of its Port Hudson paper mill. On Thursday, the paper company announced that it was shedding 700 jobs at the plant as a result of declining demand for the office paper that is produced there.

Number of the Day

$10,000 - The amount of debt in Union Parish Town of Sterlington for each of its 2,000 residents. (Source: The Advocate )

Rich state, poor state

Posted on January 10, 2019
Louisiana receives $1.52 in federal benefits for every $1 of taxes paid to the federal government by state residents.

Number of the Day

$52 billion - the amount of federal money spent in Louisiana in 2017 (Source: The Advocate)

New report spotlights college hunger

Posted on January 9, 2019

The image of a traditional college student – a young adult enrolled full-time with no dependents, living on campus and depending on their parents for financial support – is belied by a very different reality. Nationally, 71 percent of undergraduates fit the definition of “non-traditional students,” and 39 percent of undergraduates come from families earning at or below 130 percent of the federal poverty level.Read more...

Get reacquainted with ALICE

Posted on January 8, 2019

Nearly half of Louisiana households struggled to afford basic needs in 2016, according to the latest United Way ALICE report released this morning. ALICE stands for Asset Limited, Income Constrained, Employed and represents households who earn wages above the federal poverty level, but that aren’t enough to cover a basic household survival budget.Read more...

State policy matters

Posted on January 7, 2019
While the historic turnover on Capitol Hill has dominated headlines, the 2018 elections also brought big changes at the state level. Years of conservative momentum in statehouses around the country was reversed as Democrats captured seven governorships (losing one - in Alaska) and six legislative chambers. This means progressives from New Mexico to New York have fresh hopes for policy gains that have long eluded them.

Number of the Day

2.2 million - Number of Americans who fall into the “coverage gap,” meaning they earn too much to get Medicaid coverage but not enough to qualify for health insurance subsidies under the Affordable Care Act. Louisiana doesn’t have this problem because it expanded Medicaid in 2016. (Source: The American Prospect)

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