May 30, 2018

A partial solution is not good enough

The end of the second special session of 2018 is less than a week away, and the only major revenue bill to advance to the Senate is House Bill 27, by Rep. Lance Harris.

Number of the Day

$458,600,000 - Amount that would be raised by all revenue raising measures that are currently working their way through legislative process during the 2018 special session. Louisiana faces a shortfall of $648 million. (Source: LBP)
July 10, 2015

Friday, July 10, 2015

Child abuse case prompts policy change; Oil prices threaten budget stability; Retired state employees call for veto session and; Film industry won’t sue over subsidy cap
June 23, 2014

Monday, June 23, 2014

Budget tricks part of an old pattern
Louisiana does not raise enough revenue to fund basic services and make investments for sustained economic growth. As a result, Louisiana legislators and governors have continuously relied on budget gimmicks to patch state operating budgets, Mark Ballard writes:

“It’s a pattern of not generating enough revenues to pay for the state’s modest portion—the federal government kicks in a lot of dollars—for roads, schools, law enforcement, taking care of the elderly, disaster management, health care for the poor, higher education, monitoring water quality, universities, prisons, attracting businesses and any number of other services demanded by the politicians voters elect.Read more...