infrastructure spending

September 25, 2018

Don’t squander the budget surplus

The state’s $300 million budget surplus, spurred by higher-than-expected corporate and personal income tax collections and a small bump in oil and gas taxes, has prompted hand-wringing from some conservatives who now say that tax renewals that helped stabilize this year’s budget were unnecessary.

Number of the Day

5.9 - Percentage increase in personal income in Louisiana in the second fiscal quarter of 2018. (Source: Bureau of Economic Analysis, U.S. Department of Commerce)
August 11, 2017

States must lead on infrastructure

While Congress is under pressure to produce a comprehensive infrastructure bill - one of the few ideas that could gain bipartisan support on Capitol Hill - actions at the state level are far more likely to impact the roads and bridges people use every day.

Number of the Day

$4.6 trillion -  Estimated cost of bringing America’s infrastructure to a state of good repair (a grade of B) by 2025. (Source: American Society of Civil Engineers)