In The Spotlight

Policy Brief: AHCA is a Bad Deal for Louisiana

The Republican plan to replace the federal Affordable Care Act would shift billions of dollars in Medicaid costs from the federal government to the state - and would reduce the tax credit for people who buy coverage through the federal marketplace by an average of $3,013.

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REPORT: Blueprint for a Stronger Louisiana

It's time to trade the never-ending cycle of budget shortfalls for long-term stability that allows for new investments in Louisiana’s communities. #InvestInLA

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NEW LBP REPORT: Fund diversions erode Louisiana’s safety net

In the two decades since the federal government overhauled America’s welfare system, Louisiana has steadily diverted money meant to help struggling families gain economic security.

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The Daily Dime

Gov. John Bel Edwards is scheduled to reveal his tax reform recommendations this afternoon at the Capitol (LBP will be writing separately about this).

Number of the Day

500+ - Number of Louisiana public school students with disabilities who received some form of corporal punishment in 2015-16 school year. Legislation backed by Gov. John Bel Edwards for the spring legislative session aims to outlaw the practice (Source: Louisiana Department of Education )

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Our Two Cents Blog

Overview: Fiscal Year 2018 Budget

Posted on March 13, 2017

Gov. John Bel Edwards’ 2017-18 fiscal year executive budget is built on $9.469 billion in state general fund tax receipts, of which 92 percent ($8.750 billion) will be used to fund general government operations. The rest would finance the Legislature and judiciary, along with required spending on debt service and other obligations. The general fund budget is at a practical standstill compared to current-year spending levels after adjusting for inflation (a 0.32 percent decrease). The state’s overall budget would increase by 5 percent in real terms, primarily due to an increase in federal dollars that support healthcare services.

Although Louisiana is expecting a slight revenue uptick next year, state tax collections continue to lag far behind the levels seen before 2009, when the Great Recession and two major income-tax cuts helped destabilize the state tax structure. After adjusting for inflation, the state’s general fund – which finances K-12 schools, universities, healthcare and other services – is down 21 percent since the 2008 fiscal year. This reality, coupled with data showing state revenues well below their historic share of the state economy – by multiple measures (see Appendix) – should put to rest any notion that spending is “out of control.”

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