John Bel Edwards

February 17, 2023

LBP Statement on Governor’s Executive Budget

Executive budget is a good beginning
Louisiana’s financial picture is in surprisingly strong shape after the economic and social upheaval of the Covid-19 pandemic. Gov. John Bel Edwards’ 2023-24 executive budget is a responsible proposal that would make much-needed investments in public education and services for the state’s most vulnerable children, while reaffirming Louisiana’s commitment to building up its financial reserves for an inevitable rainy day. … Read more...

April 1, 2020

Unemployment insurance reforms will boost our economy and improve public health

As businesses shutter to slow the spread of the coronavirus, the United States has likely already entered a recession. New weekly unemployment insurance claims in Louisiana have already jumped from 2,225 claims to 72,620 claims in just a week. Congress has responded quickly, by approving emergency measures that provide aid to families, workers, businesses and state governments. Read more...

June 11, 2019

The people we tax into poverty

People across the political spectrum agree that our tax system shouldn’t push people into poverty. But while federal tax policy does a reasonably effective job at protecting low-income people who are elderly or have children, it fails to extend the same protections to childless, working-age adults.Read more...

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)