Louisiana revenue crisis

January 20, 2017

Jan. 20: The GOP’s plan for midyear cuts

Gov. John Bel Edwards has said he wants to see a plan from those who insist the state can plug a $304 million midyear budget gap with cuts alone, without resorting to a special session or dipping into the rainy-day fund.
January 17, 2017

Jan. 17: Midyear deficit confirmed

Louisiana will once again have to endure midyear budget cuts amid a shortfall pegged at $313 million by the Legislature’s economist.
January 12, 2017

Jan. 12: Governor predicts special session

Gov. John Bel Edwards predicts he will have to call legislators into a special session next month in order to tackle the state’s mid-year revenue shortfall.
November 14, 2016

Nov. 14: New ideas for tax reform

The Advocate’s editorial page looks at the recent recommendations from the Task Force on Structural Changes in Budget and Tax Policy and likes a lot of what it sees. But after the voters’ rejection of Amendment 3, which sought to eliminate the ability of corporations to deduct federal income taxes on their state returns, that job got considerably tougher.