The $31.8 billion proposed budget Gov. John Bel Edwards released Feb. 22 comes amid a period of financial stability in state government after a decade marked by fiscal turmoil. Steady economic growth, combined with the Legislature’s decision to partially renew a sales tax that was due to expire last year, means the state can expect enough revenue in 2019-20 to fund key health care and education programs without any damaging cuts to services.… Read more...
Gov. John Bel Edwards’ administration is scheduled to present its 2019-20 executive budget to the Legislature on Friday. It should be a triumphant moment for state policymakers. After a decade of chronic financial instability in state government, Louisiana’s budget is now stable and revenues are growing at a slow, if steady pace.… Read more...
