On Monday, Louisiana Governor John Bel Edwards addressed the legislature and the state in opening another special session to try to plug a fiscal hole.
Today, Bayoubuzz launched its first segment of its daily, twice per day segment discussing the legislative session, "Bayoubuzz Live: Louisiana Legislature", streamed to Facebook and Twitter.
It’s not so much whether Louisiana’s House of Representative’s Republican delegation can unite to address immediate fiscal concerns, but whether some faction of it will defect to hand Louisianans a big tax bill for the foreseeable future.
The Louisiana legislative fiscal session starts today, is scheduled for no more than 17 days. A week later, the regular session begins. For the first time ever, session watchers will be able to watch live streamed legislature information on Facebook and Twitter and on Bayoubuzz.com.
So, let the olympic-sized Louisiana legislative fiscal debate match begin!
On Monday, the Louisiana legislature convenes at the state Capitol for another special fiscal session to make an attempt to fix, what we might call, the always-existing revenue hole fiscal cliff.
Ready or not, the Louisiana spring special session is coming to a Capitol near you.
Louisiana Governor John Bel Edwards will call another special session for the Louisiana legislature, something he said he was not going to do unless there was an agreement between the Republican and Democratic parties.
Tomorrow, Governor John Bel Edwards is expected to call for a Louisiana legislative special session which would begin roughly seven days later, if things go as being reported. Edwards had urged the Republicans to come up with a plan to fix the roughly one billion dollar hole for the year starting July 1, 2018, or no session would be called.
They haven’t. Nonetheless, Edwards is left with little other choice. If they were to wait until after the regular session is complete, in the beginning of June, there would not be sufficient time for parents to plan for tuition, for schools to plan schedules and for hospitals to plan their respective budget which starts weeks later.
Confusion is as confusion does, which sums up perfectly an incomprehensible ruling on an important question in Louisiana governance.
Yesterday, state District Judge Don Johnson issued a ruling declaring a case of a fund sweep unconstitutional. In this instance, the Legislature lifted from Public Service Commission revenues collected by fees on regulated carriers, appropriating some of that amount to pay for other operations of government.
Oped by Stephen Waguespack, President and CEO of Louisiana Association of Business and Industry, LABI
Today, coalition members from local chambers of commerce, civic organizations and business associations across the state came together to announce a campaign to open the books on government spending in Louisiana.
The Louisiana capitol is ready to start its Louisiana Legislature tax chicken dance. On one side of the floor are Governor, John Bel Edwards and democrats. On another side are fiscal conservatives. And, in the middle are a group of lawmakers who believe the state is reaching a moment of urgency.
The question is—who’s going to take the first step and blink as the music is quickly getting ready to start?
Winter is still here. The Louisiana days are getting a little longer. The threat of another special session to plug a massive hole in the budget is getting closer.
The mantra of fiscal cliff still fills the air as it has now winter after winter, year after year.
Louisiana Governor John Bel Edwards is going on a full-court radio press to push his side of the fiscal cliff.
Today, the Governor sent out the below summary of his administration hitting the airwaves:
by Stephen Waguespack, President and CEO of Louisiana Association of Business and Industry (LABI)
Not sure if you have noticed or not, but there is something called the fiscal cliff looming in Louisiana. If you haven’t heard of it yet, sit tight, because you will hear a whole lot about it over the next few months.
The 2018 crisis will be filled with plenty of drama, finger pointing and inflammatory rhetoric. Every (former, current and future) politician will say it is the other (former, current and future) politician’s fault for the deficits and lack of agreement on the appropriate mixture of taxes and cuts to fill it.
ouisiana has one of the worst insurance regulatory environments in the nation. That is according to Washington-based conservative think tank R Street Institute in its 2017 Insurance Regulation Report Card just issued. And no, it’s not because of the trial lawyers or the big insurance companies. The blame is laid directly on the Louisiana legislature. In ranking states across the country, Louisiana was given an F.
Jim Brown, former State Senator, Louisiana Secretary of State and Insurance Commissioner, knows a little bit about the term, “scrub the budget”. That was the term famously used by former Governor Buddy Roemer, who came from election nowhere in the final weeks of the gubernatorial campaign, to beat then-incumbent Edwin Edwards, Billy Tauzin, Bob Livingston and Speedy Long in 1987.