drug prices

March 23, 2018

Budget gimmicks will not solve revenue problem

Using one-time money to pay for long term, ongoing expenses is not a sustainable way to run a household, let alone a state budget. But that’s exactly what House GOP leader Lance Harris is proposing as a fix for Louisiana’s fiscal cliff.

Number of the Day

$70 million - Amount the state has cut its Child Care Assistance Program since 2008. Legislation approved by the House Education committee on Thursday would restore $10 million in funding for the program. (Source: The Daily Advertiser)
February 2, 2018

A fiscal reality check

A common refrain among state House leaders is that Gov. John Bel Edwards is not looking hard enough at spending when confronting the state’s fiscal problems. But that’s largely Washington D.C.-style rhetoric, says Stephanie Riegel with the Baton Rouge Business Report.

Number of the Day

62 - Percentage of Americans who believe government does not provide enough help to poor people, while 64 percent believe government provides too much help to wealthy people.  (Source: Pew Research Center)
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)