LaCHIP
December 8, 2017
A Medicaid trust fund for the elderly. The Coastal Protection and Restoration Authority. The health plan for state workers. Pension fund payments for probation and parole officers. Those are just a few of the funds that state legislators raided in recent years so the money could be spent on ongoing government operations.
Number of the Day
$2.4 billion - Decrease in net state assets from 2013 to 2017, thanks in large part to the Legislature tapping dedicated funds to pay ongoing expenses in government. (Source: Louisiana Legislative Auditor)October 11, 2017
When Louisiana faces a fiscal crunch, the first place legislators often look for cuts is the area of the budget known as “statutory dedications,” or money that’s set aside for a specific purpose, and often funded by a dedicated tax or fee.
Number of the Day
63 - Percentage of students receiving TOPS awards who come from families with incomes of $100,000 or less (Source: Louisiana Office of Student Financial Assistance via The Advocate)June 20, 2017
The American Health Care Act would be devastating for the state budget, health care providers and residents of all parts of the state.