State Budget & Tax

May 18, 2023

LBP statement on Louisiana’s latest revenue forecast

The Revenue Estimating Conference’s latest forecast, issued on Thursday, confirms that Louisiana’s economy continues to grow at a strong and sustainable pace. The revenue resulting from that growth is more than enough to provide meaningful raises for classroom teachers, maintain programs for our youngest learners and address Louisiana’s long-neglected infrastructure needs. … Read more...

May 11, 2023

House budget reflects misplaced priorities

The state budget is supposed to reflect Louisiana’s priorities. As the annual legislative session reached the halfway point this week, the budget bill crafted by House conservatives fails to prioritize teachers, people with Medicaid coverage and parents with preschool children.  

The changes made by the House took a sensible budget proposal from Gov.… Read more...

February 17, 2023

LBP Statement on Governor’s Executive Budget

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...

February 7, 2023

A Path Forward for Louisiana Tax Policy

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