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Louisiana Republicans claim victory for beating fiscal hawks, Democrats on budget

Written by  // Thursday, 09 May 2013 13:32 //

Lacapitol-red-blueRepublicans Congratulate
The Louisiana republican Party has issued a statement applauding their efforts along with a conservative coalition business groups, the Jindal administration and lobbyists to repel the coalition of Republican fiscal conservatives and Democratic leaders to compromise on the budget.

 


Here are details of the apparently on-off plans, according to Tyler Bridges of the Lens:
"A new plan emerged Wednesday night that would raise revenue instead by creating a tax amnesty program and trimming only several tax credits, including those for the film industry, the oil and gas industry and so-called enterprise zones. House Speaker Chuck Kleckley, R-Lake Charles, announced Wednesday afternoon that the House would debate and pass the budget Friday, apparently with this element.
At stake is the $24.7 billion budget crafted by Jindal.
The Fiscal Hawks and Democrats say Jindal’s budget relies on unstable one-time revenue and contingency money that will inevitably force midyear budget cuts for the sixth year in a row that will reduce spending on the state’s public hospitals and colleges and universities.
Jindal counters that he is proposing a responsible budget that raises no taxes.

 

The Fiscal Hawks-Democrats’ plan released Monday night would produce $527 million by shaving nearly 30 tax exemptions by 15 percent apiece to raise $329 million, cutting spending by more than $100 million and using higher-than-projected tax revenue that the state treasury has collected. Doing this would eliminate the one-time and contingency spending for annual expenses, they say."

Here is the e-letter from the LaGOP:

We are pleased to report that the Louisiana House of Representatives seems to have abandoned its plan for a massive tax increase, as a majority of the Republican delegation was unwilling to support the plan.

Congratulations to the Republican members of the House for defeating the Democrat tax increase plan. This plan would have been the largest tax increase in 3 decades, and the1.3 billion dollar tax hike would kill jobs and hurt our economy.

We want to thank the many thousands of voters who contacted their legislators to stand with business groups, LABI, the Tea Party of Louisiana and Governor Jindal in working for the plan's defeat. From all reports, the grassroots calls and emails had a huge impact and helped the conservative members of the House defeat the Democrat tax increase plan.

We will continue to monitor the budget as it proceeds through the process. We stand ready to fight along side the conservative members of the legislature if tax increases rear their ugly head again.
Questions still exist as to how the state would balance the budget, if any tax credits would be cut and whether using one-time money again would be acceptable to the majority in the legislation.

More political news...

Democrats Jefferson-Jackson
It’s that time of year again. The Louisiana Democratic Party is announcing details of its annual major annual event: Saturday August 17 at the Hilton New Orleans Riverside 2 Poydras St., New Orleans.
It’s Carville time
Fort Polk Progress is set to honor U.S. Sen. Mary Landrieu (D-New Orleans) at a special luncheon from noon to 1:30 p.m. Monday, May 13 at the Landmark Hotel, located at 3080 Colony Blvd in Leesville.  Keynote speaker for the event is James Carville. 

 

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