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.
Gov. John Bel Edwards released his executive budget for the 2017-18 fiscal year Thursday morning.
Louisiana legislators wrapped up a nine-day special session with a plan to close a $304 million budget shortfall that neither the House, Senate, or Gov. John Bel Edwards loved, but all could live with.
As the clock ticks down on the special legislative session, lawmakers in the House and Senate have a tentative agreement.
Most of the action at the Capitol on Monday occurred behind the scenes, and by the time the day ended, it appeared as though a deal was in place between House and Senate leaders to plug the $304 million mid-year deficit.
The Legislature has until midnight on Wednesday to find agreement on closing a $304 million mid-year budget gap.
The House is devoting its Friday session to debating a pair of GOP budget-cutting proposals that would cut money for hospitals, prisons, schools and other state services beyond the $60 million proposed by Gov. John Bel Edwards.
Gov. John Bel Edwards and his allies had complained for days that House Republicans had not produced a viable alternative to his budget-rebalancing plan. That changed on Wednesday, when the House Appropriations Committee sent two budget cutting bills to the floor that cut current-year spending well beyond the levels recommended by the governor.… Read more...
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