Louisiana legislature (25)
Site for Louisiana legislative news, Louisiana legislators, legislature, Legislation, Louisiana budget, fiscal cliff
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.
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.
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.
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.
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 question is—who’s going to take the first step and blink as the music is quickly getting ready to start?
The mantra of fiscal cliff still fills the air as it has now winter after winter, year after year.
Today, the Governor sent out the below summary of his administration hitting the airwaves:
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.
How will the state solve the fiscal problem remains to be seen. Below are two perspectives, one from the conservative organization, Pelican Post and the second from Louisiana Budget Project.
Edwards wants the Republican-controlled legislature to pass a replacement tax package.