doomsday budget

March 14, 2018

Budget process begins

The deliberations over next year’s state budget formally began Tuesday in the House Appropriations Committee, and major disagreements have already emerged between Chairman Cameron Henry and Gov. John Bel Edwards’ administration.

Number of the Day

$25,806 - The median income among African American households in New Orleans, compared to $64,377 for white households. (Source: The Washington Post)
January 24, 2018

Unemployment rate continues to drop

Now at 4.6 percent -- its lowest since March 2008 -- the unemployment rate in Louisiana continued to drop for the eighth consecutive month in December.

Number of the Day

5,500 - The net number of new jobs added to the market over the past 12 months in Louisiana. (Source: Economic Policy Institute)
January 23, 2018

A new approach to work requirements?

Gov. John Bel Edwards has yet to lay out his vision for how to connect Medicaid recipients with jobs; those details are being worked on by an outside consultant. But in a letter to The Advocate, Louisiana Health Secretary Rebekah Gee suggests it won’t be the punitive approach favored by state Sen. Sharon Hewitt and other legislators.

Number of the Day

$5.8 billion- Amount of money in tips that workers would lose under a proposed U.S. Department of Labor rule that would allow restaurants to pocket their workers’ tips as long as they pay at least a minimum wage. (Source: Economic Policy Institute)
January 22, 2018

What’s the price of tax reform?

For almost two years now, one key question has overhung the debate over Louisiana’s structural budget shortfall: What will it take for House Republicans to support a package of permanent, sustainable revenue measures to replace the temporary, 1-cent sales tax enacted in 2016?

Number of the Day

70,953 - Total state employees at the end of the 2016-17 fiscal year, down from 100,486 in FY2009 (Source: Popular Annual Financial Report/Division of Administration)