Vox

April 13, 2018

The fiscal cliff gets smaller

The Revenue Estimating Conference  surprised no one by recognizing an additional $346 million in revenue for the 2019 fiscal year - which means the state’s “fiscal cliff” is now $648 million instead of nearly $1 billion.

Number of the Day

$648 million - The new figure for the fiscal cliff, since the Revenue Estimating Committee projects an additional $346 million available for next year’s budget. (Source: The Advocate)
March 16, 2017

Budget instability leads to credit downgrade

Citing several major red flags in the state’s financial situation, Standard and Poor’s downgraded Louisiana’s credit rating from AA to AA- on Wednesday.
March 8, 2017

GOP health care bill “fails critical test”

President Donald Trump promised to “make health insurance available to everyone” and to “expand choice, increase access, lower costs and, at the same time, provide better health care.”