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In The Spotlight

NEW LBP REPORT: Fund diversions erode Louisiana’s safety net

In the two decades since the federal government overhauled America’s welfare system, Louisiana has steadily diverted money meant to help struggling families gain economic security.

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The Daily Dime

The Advocate’s Gordon Russell looks at the aid that will be needed to help people rebuild their homes - and takes a look at the lessons learned from the Road Home program that helped cover uninsured losses after Hurricane Katrina.

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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.

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Our Two Cents

ITEP: Road improvements require revenue

Posted on August 8, 2016

It’s no secret that Louisiana’s roads and bridges are in terrible shape – and that the state doesn’t have enough money to pay for needed repairs and upgrades. Louisiana’s transportation backlog stands at $12.7 billion, and the failure of state policymakers to address these needs continues to hold back Louisiana’s economy.ITEP transportation graf 8.04.43 PM

Experts agree that a key reason for this backlog is the failure of the state’s gasoline tax – currently the 10th lowest in the nation – to keep up with inflation. As the Institute on Taxation and Economic Policy (ITEP) notes in a new commentary, Louisiana’s gas tax has lost 47 percent of its purchasing power since legislators last boosted it in 1990. Continue reading…

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