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Our Two Cents Blog

Altogether, Louisiana’s pension systems pay out more than $4 billion in benefits to 164,000 retirees and their families every year—an amount equivalent to 2 percent of all personal income in the state.

For the second year in a row, the Senate Labor Committee agreed to establish a minimum wage in Louisiana. Sen. Troy Carter’s Senate Bill 153 would require workers to be paid at least $8.50 per hour starting in 2019 – and would make Louisiana the 30th state with a minimum wage higher than the $7.25 federal rate.Read more...

A dubious “rural jobs” tax break

Posted on May 22, 2017

The Louisiana Rural Jobs Act Tax Credit Program proposed by House Bill 641 is intended to provide an economic boost to rural areas of the state. Unfortunately, the program would likely benefit a few well-connected financial firms more than Louisiana’s rural communities.Read more...

More than two dozen organizations are calling on the Senate to reverse $237 million in unnecessary cuts to healthcare services ordered by the House of Representatives earlier this month.

In a  joint letter to the members of the Senate Finance Committee, groups that represent healthcare providers, patients and ordinary citizens said the proposed cuts are unnecessary, as the House simply refused to spend money that is available in the budget.… Read more...

The health bill passed by the House, in particular its proposal to cap and cut Medicaid and end the program’s expansion, would have devastating consequences for the 766,400 women in Louisiana who rely on the program, according to a new report from the Washington, DC-based Center on Budget and Policy Priorities.Read more...

Tax and budget: state of play

Posted on May 8, 2017

As the 2017 Legislative Session nears its midpoint, lawmakers are no closer to solving for the nearly $1.5 billion fiscal cliff than when the session began. Instead of shoring up Louisiana’s shaky tax structure,  the House passed a budget that contains hundreds of millions of dollars of unprecedented cuts to healthcare and safety-net programs.Read more...

Statement by Louisiana Budget Project Director Jan Moller on the passage of the American Health Care Act:

“Today’s vote is deeply troubling news for hundreds of thousands of Louisiana families who struggle to afford health coverage or who suffer from pre-existing medical conditions.… Read more...

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