Once again, a special session has ended in disagreement and disappointment. Legislators could not agree on the exact funding mechanism to bridge the $650 million budget deficit. The crisis is a result of the 1% sales tax increase that was enacted in 2016 but will expire at the end of the month.
The Louisiana fiscal session, part two, called to fix the budget that is one more time out of whack, is now history. What’s a state to do? The economy is flat. The people are poor and poorly educated with some of the worst health conditions in the country. The education system is third rate, compared to some of the leading states in the nation. Survey after survey places Louisiana in the pits, if not, competing for that unlofty spot. What’s a state, specifically, Louisiana to do to provide for the necessary needs of its citizens?
This essentially is the debate between conservative and liberals, Republicans and Democrats, the legislature and the Governor, John Bel Edwards.
Tic Toc. Tic Toc.
Roughly nine hours to go. When the clock strikes 12 midnight tonight, despite commonly-held belief, the princess won’t turn into a rag. But, if the Louisiana legislature and Louisiana Governor John Bel Edwards do not resolve their differences, the bells would have tolled and the Louisiana legislative session will have collapsed again over the issue of the budget. Some call this process, fixing the fiscal cliff.
Only four full days, excluding today, left in the second extraordinary fiscal session of the Louisiana legislature called to fix the fiscal cliff, 2018.
Will the Louisiana legislature be able to come to an agreement prior to Monday midnight? Will a legislative agreement include more cuts to higher education, the hospitals, TOPS, the prison system and government infrastructure? If so, will the governor John Bel Edwards sign the budget into law?
What’s a governor to do? What’s a Louisiana governor to do?
Which was somewhat the issue discussed yesterday. That’s when long-time State elected official and political observer Jim Brown and equally long-time political writer Tom Aswell (publisher of LouisianaVoice) and I got together online to talk about the current budget mess up in Baton Rouge. That mess might also be known as the “second special Louisiana Legislative fiscal session of 2018”. If the mess is not cleaned sufficiently over the next seven days, there is talk about a third crack at getting it right.
The Governor in question, of course is Democrat John Bel Edwards. He has started his third year in office and is trying to get his agenda and budget plans through the Republican-dominated legislature. His approach is a blend of taxes and spending cuts.
The Louisiana legislature is back in session for the fiscal budget fix. The assumption and perhaps conventional wisdom is that the legislature will somehow compromise on the $650 to $670 million dollar shortfall compared to last year’s budget for government services. But, that is no certainty.
Earlier this year, when there was roughly a billion dollar shortage, the legislature failed to pass a budget and while the current projected budget is now smaller, it would still take compromising on the part of all the lawmakers and the Governor, John Bel Edwrds.
Louisiana Oil and Gas looks for fairness during Louisiana fiscal legislative session as the sixth special session starts today
Today, Louisiana Governor John Bel Edwards and lt. Governor Billy Nungesser are addressing a large crowd in Lafayette Louisiana as part of a new promotion of “Our Louisiana”. The obvious goal is to fashion some type of settlement so that the State of Louisiana can balance this year’s budget and perhaps, create a fairer and more stable method to structure the receipt of revenues and the payment of government services. The special session, starting today, is the sixth--focused upon dealing with major shortages in the state’s budget.
by Ron Chapman
It has taken a while, but Louisiana has finally achieved the distinction of passing up Mississippi. After a lot of effort, finally, we are LAST in Education.
According to Wallethub, a credit scoring company, “Louisiana has the worst public school system in the nation.” The state scored 48th in Math, 48th in Reading, 45th in drop-out rates, and 47th in ACT scores. Only 29% of the population is college educated. That should not be surprising when the state scores 40th in college readiness and 44th in High School graduation percentages.
by Stephen Waguespack, President and CEO of Louisiana Business and Industry
For almost three years, the state Capitol has been absolutely, positively one thing: chaotic.
The 6th special session during this time-period begins this week and will once again pit the Administration’s desire for tax revenue against the Legislature’s lack of consensus on that very topic. This plotline should sound familiar by now.