Billy Tauzin and Jim Brown LIVE

Friday, 20 May 2011 11:10
Poll: How should Louisiana balance its budget?
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The Louisiana legislative session is focused upon balancing the state’s budget which currently is over $1.6 billion dollars.

There are few options.   

 

 

At risk are drastic cuts in social services, education, healthcare, government efficiencies and other services.  The House of Representative appropriations committee has called for certain substantial cuts which the Jindal administration has strenuously opposed.  Commissioner of Administration, Paul Rainwater has called the action “fiscally irresponsible”.   Louisiana Economic Development Secretary Stephen Moret has claimed that a proposed 81 million dollar elimination of the Mega Project Development Fund used to attract major projects could cause the state 25,000 jobs.{sidebar id=4}

Governor Jindal has proposed selling certain properties such as specific state prisons but so far those proposals have not gained traction.

There are efforts to raise certain fees such as college tuition but that might be difficult to do given the opposition.

Also, some members of the legislature want to raise revenues via taxes and contend the budget cannot be balanced without some form of tax increase.

In addition, some legislators are looking at the exemptions and other relief the state allows such as the movie and digital media tax credits. 

So, what do you want the legislature to do?  Take the Bayoubuzz poll and pass it around.  Results will be posted Wednesday morning.

 

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