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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.


Cassidy’s disastrous bill

Posted on September 21, 2017
Every major health group in the country opposes Sen. Bill Cassidy’s attempt to repeal the Affordable Care Act that would lead to major coverage losses, decimation of the Medicaid program and instability in the individual market.

Number of the Day

$97 billion - Total loss of federal funding for Louisiana under the Cassidy-Graham proposal from 2020 - 2036. (Source: Avalere)

Opposition mounts against Cassidy-Graham

Posted on September 20, 2017
As the Cassidy-Graham health care repeal bill gains momentum on Capitol Hill, opposition to the measure is mounting as well.

Number of the Day

8.1 percent - Gross Domestic Product growth in Lake Charles metropolitan area in 2016, making it the fastest-growing in the country (Source: Bureau of Economic Analysis).
Sen. Bill Cassidy’s ACA repeal and replace proposal is the center of attention on Capitol Hill this week. As the Senate barrels toward a possible vote next week, it’s becoming increasingly clear how harmful the bill would be for Louisiana.

Number of the Day

$5.04 - Amount of wealth the average black family in America accumulates for every $100 in wealth accumulated by the average white family. (Source: U.S. Census Bureau’s Current Population Survey via The Upshot Blog)

The politics of the fiscal cliff

Posted on September 18, 2017
Louisiana faces a $1.5 billion gap between revenues and expenses in the state fiscal year that starts July 1, mainly due to temporary taxes that are expiring. While some officials are optimistic that a deal can come together on taxes by early next year, others say the philosophical gulf separating Gov. John Bel Edwards from hard-line conservatives in the House is far from bridged.

Number of the Day

$7.3 billion - Amount of federal Medicaid funding Louisiana would lose in 2027 under a health care repeal bill sponsored by Sen. Bill Cassidy (Source: Center on Budget and Policy Priorities)

Census data show poverty gap getting wider

Posted on September 15, 2017
The poverty rate declined and median incomes rose in the United States last year. Not so in Louisiana, according to U.S. Census data published Thursday.

Number of the Day

48.9 - Percent of African-American children in Louisiana who fell below the poverty line in 2016 compared to 14.9 percent of white children. (Source: U.S. Census Bureau’s American Community Survey)
Sen. Bill Cassidy’s latest attempt to repeal the Affordable Care Act is similar to previous versions rejected by the Senate.

Number of the Day

44 percent - Un- and underemployment rate for black men in New Orleans, down from 52 percent in 2014. (Source: Ben Hecht, Living Cities, via The Advocate)

Louisiana uninsured rate hits historic low

Posted on September 13, 2017
More Louisiana residents than ever before were covered by health insurance in 2016, according to figures released Tuesday by the U.S. Census Bureau.

Number of the Day

43 - percent increase in opioid addiction treatment prescriptions in Medicaid expansion states relative to non-expansion states. (Source: The New York Times' Upshot blog)

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