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Cliff notes: The 2018 shortfall

Posted on November 8, 2017

The gap between projected revenue for the 2019 fiscal year and projected expenditures is more than $1.5 billion. Much of the impending massive shortfall – sometimes referred to as the fiscal cliff  – is due to the expiration of $1.38 billion of temporary revenue.Read more...

The wealthiest 1 percent of Louisianans will get the greatest share of the tax cut plan proposed by the U.S. House of Representatives. And the share of the tax cuts going to the top 1 percent would grow through 2027, according to a 50-state analysis of the House tax plan released today by the Institute on Taxation and Economic Policy (ITEP).Read more...

Louisiana Budget Project Director Jan Moller released the following statement about the U.S. House of Representative’s tax plan released today:

“The plan released today by House Republicans calls for massive tax cuts for for the wealthiest households and most profitable corporations while leaving out the most vulnerable.

Read more...

ACA sabotage will hurt Louisiana consumers

Posted on October 30, 2017

More than 12 million Americans – including 143,577 Louisianans – bought health coverage in 2017 through the Affordable Care Act’s (ACA) health insurance marketplace. But as the Nov. 1 start of the 2018 open enrollment period looms, the future of that coverage remains uncertain due to President Donald Trump’s repeated efforts to undermine the federal health reform law.  Read more...

A new rule released today by the Consumer Financial Protection Bureau (CFPB) will reduce the harms of short-term payday lending and car title lending to Louisiana families, but state protections remain crucial to prevent predatory lenders from exploiting loopholes in the rule.… Read more...

The Supplemental Nutrition Assistance Program (SNAP), which turns 40 years old this week, is America’s largest and most comprehensive nutrition program. Although it’s threatened by budget cuts, the program continues to help Louisiana families make ends meet and put food on the table.Read more...

Senate right to cancel vote on Cassidy-Graham

Posted on September 26, 2017

Louisiana Budget Project Director Jan Moller released the following statement about the U.S. Senate’s decision to cancel a vote on Sen. Bill Cassidy’s health care proposal:

“This is excellent news for the nearly two million Louisianans who rely on Medicaid or the individual marketplace to purchase their insurance.

Read more...

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