GDP Archives - Louisiana Budget Project

November 14, 2018

Another business leader weighs in on ITEP

Ever since Gov. John Bel Edwards gave local authorities more control over industrial property tax breaks, the big question has been how that power should be used. Should school boards, city councils and local sheriffs issue a blank check to manufacturers?

Number of the Day

4.3 - Louisiana’s percent change in real GDP for the second quarter of this year. (Source: Bureau of Economic Analysis)

May 7, 2018

The rush to adjournment

This morning marks the annual ritual when members of the public are invited to testify to the Senate Finance Committee about the state budget.

Number of the Day

3 percent - Amount that local school boards could charge teachers’ unions for collecting dues on their behalf, under legislation backed by business interests. The costs would likely be passed on to teachers. (Source: Will Sentell, The Advocate)

October 28, 2016

Oct. 28: More cuts on the way

State government spent $313 million more than it took in from tax collections in the 2015-16 budget year, which means Gov. John Bel Edwards and the Legislature will have to make up the difference in the current-year spending cycle.