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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.


Fiscal mission possible

Posted on January 17, 2018
The Advocate’s Lanny Keller argues in his weekly column that proximity to the 2019 elections means there’s still hope for a budget deal between Gov. John Bel Edwards and House GOP leaders.

Number of the Day

$2.13 - The minimum hourly wage for tipped workers in Louisiana. (Source: US Department of Labor)

About that fiscal cliff

Posted on January 16, 2018
Time is running out for Gov. John Bel Edwards and GOP leaders in the House to strike a deal on how to avoid the $1.5 billion fiscal cliff.

Number of the Day

3.2 million - Increase in the number of Americans without health insurance in 2017. After years of decline, the uninsured rate ticked up 1.3 percentage points last year. (Source: Gallup via Axios)

Medicaid work requirements

Posted on January 12, 2018
Gov. John Bel Edwards said this week that his administration is “actively working” to develop a work requirement plan for able-bodied Medicaid recipients.

Number of the Day

67 - percent of Medicaid recipients in Louisiana who are children, seniors or disabled. (Source: Louisiana Department of Health
Louisiana’s ongoing, self-inflicted budget travails are making it harder for the state’s flagship university to attract the best and brightest students.

Number of the Day

86,000 - Number of Kentucky residents who are expected to lose their health care coverage if Kentucky’s Medicaid waiver application to add work requirements and fees is approved.  (Source: Kentucky Center for Economic Policy)

Fiscal reform cannot wait

Posted on January 10, 2018
Although the state’s revenue picture is expected to brighten by up to $300 million once federal tax changes take effect, the extra revenue won’t be nearly enough to plug the $1.5 billion shortfall in next year’s state budget that is mostly due to temporary taxes expiring on July 1.

Number of the Day

323,000 - Square feet of office space that Louisiana is renting from New Orleans Saints owner Tom Benson at above-market rates, costing the state nearly $2 million a year. (Source: Gannett Louisiana)

No deal, no special session

Posted on January 9, 2018
Gov. John Bel Edwards met privately with House leaders on Monday in an effort to find agreement on a package of revenue measures that would replace the temporary sales tax that expires on July 1.

Number of the Day

6.8 percent- The national unemployment rate for African-Americans, the lowest on record. The white unemployment rate is 3.7 percent. (Source: The Washington Post)

The tax bill and the fiscal cliff

Posted on January 8, 2018
While the tax overhaul signed into law by President Donald Trump last month will drain at least $1.5 billion in federal revenues over the next decade, it will have the opposite effect in Louisiana, thanks to an unorthodox tax deduction embedded in the state constitution.

Number of the Day

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