nursing homes Archives - Page 2 of 5 - Louisiana Budget Project

January 10, 2018

Fiscal reform cannot wait

Although the state’s revenue picture is expected to brighten by up to $300 million once federal tax changes take effect, the extra revenue won’t be nearly enough to plug the $1.5 billion shortfall in next year’s state budget that is mostly due to temporary taxes expiring on July 1.

Number of the Day

323,000 - Square feet of office space that Louisiana is renting from New Orleans Saints owner Tom Benson at above-market rates, costing the state nearly $2 million a year. (Source: Gannett Louisiana)

January 8, 2018

The tax bill and the fiscal cliff

While the tax overhaul signed into law by President Donald Trump last month will drain at least $1.5 billion in federal revenues over the next decade, it will have the opposite effect in Louisiana, thanks to an unorthodox tax deduction embedded in the state constitution.

Number of the Day

November 27, 2017

Louisiana would lose under Senate tax bill

The U.S. Senate could vote as early as Thursday on legislation that would add $1.4 trillion to deficits over a decade and raise taxes on many middle-class families while sharply cutting taxes for the wealthiest families and corporations

Number of the Day

57 - Percentage of Louisiana nursing homes that had repeated problems with the cost reports they submit to the state. (Source: Louisiana Legislative Auditor)

August 1, 2017

Mr. Cassidy goes to Washington

By most accounts, the GOP’s efforts to replace the Affordable Care Act with something that covers far fewer people is dead, at least for the moment. But someone forgot to tell Louisiana Sen. Bill Cassidy, who flew back to the nation’s capital on Monday for a White House meeting with beleaguered President Donald Trump.

Number of the Day

34 percent - Decrease in federal health-care funding, compared to current law, by 2026 under a block-grant proposal being pushed by Louisiana Sen. Bill Cassidy (Source: Center on Budget and Policy Priorities).