Broderick Bagert

December 18, 2017

Perverse incentive

The Industrial Tax Exemption Program doles out about $1 billion each year in property tax breaks to corporations.

Number of the Day

$13.7 billion - Lost tax revenue from the Industrial Tax Exemption Program from 2006 - 2016 (Source: Louisiana Tax Commission via The Advocate)
November 10, 2017

Edwards wants specifics on budget cuts

Conservative critics who want to address Louisiana’s $1.5 billion fiscal “cliff” with budget cuts instead of tax reform have an obligation to detail where those cuts should occur, Gov. John Bel Edwards said Thursday to several hundred citizen activists convened by Together Louisiana.

Number of the Day

601,462 - Number of people who signed up for health insurance through the ACA’s individual marketplace during the first four days of enrollment, outpacing sign-ups from last year. (Source: Centers for Medicare and Medicaid Services)
August 21, 2017

Are colleges turning a corner?

It’s no secret that Louisiana’s colleges and universities often bore the biggest brunt of state budget cuts during the 2008 - 16 fiscal downturn.

Number of the Day

21 percent - Drop in the number of tenure-track professors in the University of Louisiana System schools from 2007 to 2015 - from 2,478 to 1,961 (Source: The Advocate)
June 2, 2017

“Austere” budget heads to Senate floor

The Senate Finance Committee put its stamp on the upcoming fiscal year’s state operating budget on Thursday, reversing a series of cuts to health services recommended by the House while keeping the TOPS scholarship program fully funded.

Number of the Day

138,000 - Jobs added to the U.S. economy in May. (Source: Bureau of Labor Statistics via The Washington Post)