Congressional Budget Office

April 16, 2018

The widening racial pay gap

The economic gap between white and black households in New Orleans has grown wider in recent decades, with African American families actually earning less, on average, than in 1979 after adjusting for inflation.

Number of the Day

$7 - Savings to American taxpayers, over time, for every $1 invested in reducing child poverty (Source: Mark Rank via New York Times)
February 1, 2018

Where’s the $600 million?

There was heated back-and-forth last week in the Joint Legislative Committee on the Budget over a claim by Gov. John Bel Edwards he’s cut more than $600 million from the state budget since taking office.

Number of the Day

$20 million - The projected annual savings to the state from raising the age of juvenile jurisdiction to 17. (Source: LSU via Nola.com)
January 11, 2018

State’s budget problems hurt LSU recruitment

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)
November 27, 2017

Louisiana would lose under Senate tax bill

The U.S. Senate could vote as early as Thursday on legislation that would add $1.4 trillion to deficits over a decade and raise taxes on many middle-class families while sharply cutting taxes for the wealthiest families and corporations

Number of the Day

57 - Percentage of Louisiana nursing homes that had repeated problems with the cost reports they submit to the state. (Source: Louisiana Legislative Auditor)