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Executive budget is a good beginning
Louisiana’s financial picture is in surprisingly strong shape after the economic and social upheaval of the Covid-19 pandemic. Gov. John Bel Edwards’ 2023-24 executive budget is a responsible proposal that would make much-needed investments in public education and services for the state’s most vulnerable children, while reaffirming Louisiana’s commitment to building up its financial reserves for an inevitable rainy day. … Read more...
Louisiana had the nation’s highest poverty rate in 2021, and the state’s economy continued to reflect deep racial disparities. Child poverty remained stubbornly entrenched, and median household income fell.
But the state’s uninsured rate fell to a record low, and so did the rate of economic hardship when the effects of federal and state safety-net programs are taken into account. … Read more...
Louisiana Budget Project Executive Director Jan Moller issued the following statement in response to President Joe Biden signing the Inflation Reduction Act:
The Inflation Reduction Act, signed into law on Tuesday, makes America’s tax code more fair by requiring large, profitable corporations to pay more in taxes, and giving the IRS new resources to help ensure that the ultra-wealthy comply with our tax laws.… Read more...
Louisiana Budget Project Executive Director Jan Moller issued the following statement in response to today’s Supreme Court decision:
The U.S. Supreme Court’s decision to overturn Roe v. Wade should serve as a clarion call to Louisiana policymakers to increase the support our state provides to low-income families and communities of color. … Read more...