What’s going to happen with the popular tuition program for Louisiana university students, called TOPS? Will any part of the penny sales tax that was passed as a temporary measure two years ago remain on the books? Back then, the legislature, facing a nearly one-billion dollar shortfall that needed to be made up in a matter of three months, arising from the Governor Bobby Jindal administration budget meltdown worsened by lower oil prices, opted for a single penny sales tax that will sunset later this year.
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.
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.
Today is infrastructure day, again. Louisiana Governor John Bel Edwards, whose flight was canceled yesterday, managed to make it up to the White House to participate in the discussion with President Donald Trump who revealed his plan.
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.
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.
Former Louisiana Governor Bobby Jindal has penned an oped published in the Wall Street Journal yesterday that took a not-to-subtle swipe at Republican President Donald Trump, the Republican Party and of course, the Democrats and President Barack Obama. The column was somewhat reminiscent to Jindal's "stupid party" statement he made post-Mitt Romney presidential loss.