The “fiscal cliff” has become a jargony term tossed around by legislators, politicos and journalists to describe the expiration of temporary taxes on June 30.
Number of the Day
$790 - Average annual rent increase for the 83,400 low-income households receiving federal rental assistance in Louisiana under the Trump housing plan. (Source: Center on Budget and Policy Priorities)
The special legislative session is teetering on the brink of collapse after a crucial sales tax bill favored by Republicans was shot down Wednesday night, with only 38 of 105 House members voting for it (it needed 70 votes to pass).
Number of the Day
67 - Number of legislators who voted against House Bill 23 that would temporarily renew one-quarter of an expiring 1 percent sales tax and temporarily eliminate some sales tax breaks (Source: legis.la.gov)
Gov. John Bel Edwards was scheduled to release the details of his plan to overhaul Louisiana’s broken tax structure in a speech to the Press Club of Baton Rouge this afternoon.
Number of the Day
46.5 - Percentage of Louisiana high school seniors who do not take a full courseload. State officials are looking for ways to change this by boosting dual enrollment programs that offer college credit for high school students.