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Content Tagged As budget

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  • Edwards threatens veto if House budget passes

    May 25, 2017 3:18 PM

    BATON ROUGE - Gov. John Bel Edwards is threatening to veto Louisiana's state operating budget bill if it looks like the version crafted by House Republicans. The Democratic governor Thursday repeated his description of the House-backed spending plan as a "non-starter." But he went further, saying he would reject... more »
  • Louisiana House speaker expects special session to close gap

    May 25, 2017 10:21 AM

    BATON ROUGE - The leader of the Louisiana House says he doesn't expect lawmakers to pass tax hikes this session to fill a looming, mid-2018 budget gap. Instead, Republican House Speaker Taylor Barras believes a special legislative session is inevitable to address the shortfall. A more than $1 billion budget... more »
  • Louisiana leaders blast Trump budget proposal

    May 23, 2017 11:30 AM

    BATON ROUGE – U.S. Senator Bill Cassidy (R-La.) called President Donald Trump’s budget proposal a “nonstarter.” He was joined by Rep. Cedric Richmond Tuesday morning blasting the proposal. “Taking funding away from Louisiana’s coastline is a nonstarter,” Cassidy said. “Our state’s future depends on this funding to rebuild our... more »
  • Trump budget slashes safety-net programs

    May 22, 2017 9:40 PM

    WASHINGTON - President Donald Trump is proposing a $4.1 trillion federal budget that slashes safety net programs for the poor, targeting food stamps and Medicaid. It also relies on rosy projections about economic growth to balance the budget within 10 years. The cuts are part of a budget blueprint for... more »
  • TOPS could get fully funded Play Video

    May 22, 2017 6:54 PM

    BATON ROUGE - Louisiana Senate President said Monday he expects his colleagues to pass a budget that fully funds the TOPS scholarship program. "In order to do that we may have to move some monies around that the House of Representatives did not allocate," said Alario. Three weeks... more »
  • $368M budget boost sought for Louisiana Medicaid expansion

    May 22, 2017 11:40 AM

    BATON ROUGE - Louisiana lawmakers are being asked to add $368 million in federal funding to the health department budget to keep from running out of money for the state's Medicaid expansion. The Louisiana Department of Health has enrolled more people than expected in Medicaid expansion since Gov. John... more »
  • Trump's budget proposal includes huge cuts to food stamps

    May 22, 2017 7:49 AM

    WASHINGTON - President Donald Trump's budget would drive millions of people off of food stamps, part of a new wave of spending cut proposals that already are getting panned by lawmakers in both parties on Capitol Hill. Trump's blueprint for the 2018 budget year comes out Tuesday. It includes a... more »
  • Louisiana income forecast downgraded slightly, by $27M

    May 16, 2017 3:34 PM

    BATON ROUGE - Louisiana's income forecasting panel has tweaked its estimates, dropping projections for the upcoming budget year by $27 million. The adjustment made Tuesday by the Revenue Estimating Conference was modest in a state general fund topping $9.4 billion. It's unclear if the change will force adjustments to Louisiana's... more »
  • Protection for inspector general advances in Louisiana House

    May 15, 2017 3:02 PM

    BATON ROUGE - The House budget committee took conflicting approaches to locking up more money into protected funds. The Appropriations Committee advanced a proposal Monday that would dedicate $2 million a year to the inspector general's office that investigates fraud, waste and abuse in government. Rep. Julie Stokes, a Kenner... more »
  • Louisiana session reaches halfway mark with unclear tax path

    May 8, 2017 2:43 PM

    BATON ROUGE - Louisiana's legislative session is reaching its midpoint with no clear direction on what approach lawmakers will take on rewriting state tax laws, if they can reach agreement at all. The two-month session hits the halfway mark Tuesday. It must end by June 8. Gov. John Bel Edwards'... more »
  • House GOP banks on incorrect forecast in Louisiana budget

    May 5, 2017 2:36 PM

    BATON ROUGE - As House Republicans crafted their version of next year's budget, they built the spending plan off a central premise: Louisiana's income projections are always wrong, and for nearly a decade those missed forecasts have forced repeated cuts across government. GOP leaders anticipated the projections would be off... more »
  • House backs budget reduced from Edwards plan Play Video

    May 4, 2017 6:43 PM

    BATON ROUGE - The Louisiana House has backed a nearly $29 billion budget for next year that significantly scales back the spending sought by Gov. John Bel Edwards. The 63-40 vote for passage Thursday fell largely along partisan lines, with Republicans supporting the smaller spending plan and Democrats opposed. Republicans... more »
  • Scaled-back $29B budget up for debate in Louisiana House

    May 4, 2017 11:37 AM

    BATON ROUGE - The Louisiana House is having an all-day debate about a nearly $29 billion state operating budget proposed for next year. Republicans and Democrats have sharp disagreements over spending plans for the year that begins July 1, including over how much money to allocate for programs and services.... more »
  • Edwards administration: House budget damaging to services

    May 2, 2017 9:10 PM

    BATON ROUGE - Gov. John Bel Edwards' administration is trashing House Republicans' version of next year's budget, saying it would cause widespread damage to health services and child welfare programs. In a Tuesday briefing, Edwards' cabinet officials outlined a litany of criticisms against the proposal that emerged from the House... more »
  • House GOP leaders unveil their version of Louisiana budget

    May 1, 2017 2:55 PM

    BATON ROUGE - House Republican lawmakers are advancing a rewritten budget proposal that would spend hundreds of millions less next year than Gov. John Bel Edwards wants. The spending plan would protect the TOPS college tuition program by making cuts to health care. The more than $28 billion operating budget... more »
  • As budget deadline looms, Trump pushes border wall funding

    April 24, 2017 8:13 AM

    WASHINGTON - With a budget deadline looming, President Donald Trump plans a whirlwind of activities seeking to highlight accomplishments, And he'll do it while putting fresh pressure on congressional Democrats to pay for a wall on the U.S.-Mexico border, even if that pressure risks a possible government shutdown. Trump approaches... more »
  • After years of cuts, Louisiana colleges threatened with more

    April 12, 2017 3:58 PM

    BATON ROUGE - Louisiana's public colleges have been hammered by budget cuts over nearly a decade, and they're staring down the threat of another round of slashing. Higher education leaders pleaded their case for funding Wednesday before state lawmakers on a House budget committee. University officials received no suggestions more... more »
  • Edwards speaks on state finances on first day of Legislative session Play Video

    April 10, 2017 7:51 AM

    BATON ROUGE - Gov. John Bel Edwards will make his case Monday for rewriting Louisiana's tax laws to legislators slogging back for another session where debate will heavily focus on state finances, budget cuts and government spending levels. Louisiana's two-month regular session opens at noon, with little consensus emerging... more »
  • TOPS again a target in Louisiana session, budget negotiation

    April 6, 2017 4:27 PM

    BATON ROUGE - Louisiana lawmakers, struggling with budget shortfalls, are again looking to restructure the TOPS college tuition program to lessen costs. Proposals include boosting the grade point average required to get the award or steering more of the money to needy students. Another measure would require students who receive... more »
  • Hidden cash? Louisiana Senate leader tries to track accounts

    April 4, 2017 3:59 PM

    BATON ROUGE - As Louisiana struggles with budget woes, lawmakers are realizing millions remain socked away in savings accounts that agencies, boards and commissions never told them existed. Senate Finance Committee Chairman Eric LaFleur has been trying to get an accounting of what's out there. In the legislative session that... more »
  • Southern University's disrepair could affect enrollment Play Video

    March 22, 2017 5:32 PM

    BATON ROUGE - Wires hanging out of the ceilings, makeshift air-conditioning units, and water damaged classrooms have left many buildings at Southern University in Baton Rouge resembling condemned structures. Administrators fear the enormous maintenance backlog is driving students away. "The students are a different breed these days," said Vice... more »
  • Louisiana government auditing office sounds the budget alarm

    March 21, 2017 3:42 PM

    BATON ROUGE - The head of a nonpartisan legislative office that digs into the spending of state and local government agencies is warning state lawmakers that he's teetering on the financial edge. Legislative Auditor Daryl Purpera said Tuesday he's eating into his agency's reserves, even as he continues to shrink... more »
  • Trump budget calls for border wall, border prosecutions

    March 16, 2017 3:46 PM

    WASHINGTON - President Donald Trump's budget proposals on immigration enforcement read like a wish list for his most ardent supporters. The budget requests for the Homeland Security and Justice departments call for billions of dollars for some of Trump's most high-profile and contentious campaign promises, including a $2.6 billion down... more »
  • In 1st budget, Trump to push conservative view of government

    March 12, 2017 11:40 AM

    WASHINGTON - President Donald Trump comes out with a proposed budget this week, and it'll sharply test Republicans' ability to keep long-standing promises to bolster the military - through politically painful cuts to popular domestic programs. The Republican president will ask his adopted political party - which runs Congress -... more »
  • Little growth planned in state aid for La. public schools

    March 7, 2017 4:01 PM

    BATON ROUGE - Louisiana's public schools appear on track to receive largely standstill financing for the next school year. The Board of Elementary and Secondary Education on Tuesday backed a recommendation for a $3.7 billion financing formula for the 2017-18 school year that would freeze the amount of money doled... more »
  • White House: Trump budget will hike defense spending by $54B

    February 27, 2017 10:53 AM

    WASHINGTON - The White House says President Donald Trump's upcoming budget will propose a whopping $54 billion increase in defense spending and impose corresponding cuts to domestic programs and foreign aid. White House budget officials outlined the information during a telephone call with reporters given on condition of anonymity. The... more »
  • Trump expected to submit budget blueprint on March 13

    February 22, 2017 12:52 PM

    WASHINGTON - Capitol Hill Republicans say the White House is planning to submit President Donald Trump's budget plan to Congress in mid-March. GOP aides say the plan is due on March 14. They're expecting Trump's blueprint to contain fewer details than is typical since it's a new administration and Office... more »
  • Legislators believe special session will come down to the wire Play Video

    February 22, 2017 8:20 AM

    BATON ROUGE - The pressure is on for lawmakers to find a way to cover the state's massive budget gap. They've spent the past nine days negotiating a plan, and many legislators believe it will come down to the wire. The main concern is approving how much of... more »
  • Louisiana budget deal negotiated, but will it pass in House?

    February 21, 2017 3:32 PM

    BATON ROUGE - With time running short, Louisiana's lawmakers have moved the pieces of a budget-rebalancing deal into place. But final passage of the plan to close a $304 million deficit remained far from certain. The special legislative session called by Gov. John Bel Edwards to eliminate the gap must... more »
  • Dividing lines drawn: House and Senate try to negotiate deal

    February 20, 2017 12:21 PM

    BATON ROUGE - Lawmakers in the state House and Senate have staked out their positions, each drawing up proposals to close Louisiana's $304 million deficit. Now, the two sides have three days remaining in the budget-rebalancing special legislative session to reach a deal. The session must end Wednesday. The central... more »
  • Student body presidents express concern over threats to higher education

    February 16, 2017 8:58 PM

    BATON ROUGE - In a plea to the governor, the Council of Student Body Presidents expressed their concern over "constant cuts" to higher education. More than 30 student body presidents from Louisiana schools, including Louisiana State University and Southern University, issued a letter to Governor John Bel Edwards and... more »
  • House Republicans advance budget plans with deeper cuts

    February 15, 2017 8:22 PM

    BATON ROUGE - House Republicans have started advancing two budget-rebalancing proposals that cut more deeply than Gov. John Bel Edwards wants and hit agencies he wanted to protect. The Appropriations Committee approved both plans Wednesday. The first proposal from Chairman Cameron Henry would use nearly $75 million from Louisiana's "rainy... more »
  • Governor, legislative leaders negotiate on 'rainy day' fund

    February 14, 2017 11:06 AM

    BATON ROUGE - Opening day formalities behind them, lawmakers and Gov. John Bel Edwards are trying to negotiate a deal to close Louisiana's $304 million deficit. The Democratic governor met Tuesday morning with top House and Senate leaders in closed-door talks, on the second day of a budget-rebalancing special session.... more »
  • Edwards calls on lawmakers to use rainy day fund Play Video

    February 14, 2017 12:06 AM

    BATON ROUGE - Gov. John Bel Edwards urged lawmakers to use Louisiana's "rainy day" fund to help eliminate a $304 million budget gap as the House and Senate opened a deficit-closing special session called by the governor. Edwards told lawmakers Monday night that their mission was to stabilize the budget... more »
  • Governor Edwards opens special session to address state budget Play Video

    February 13, 2017 8:44 PM

    BATON ROUGE - Governor John Bel Edwards opened a special session to address Louisiana's $304 million budget deficit Monday night. In his opening address, he pleaded for Republicans and Democrats to compromise in order to solve the state's budget crisis. The governor's plan, if approved, would use $119.6... more »
  • IMF: Greece's debts are still unsustainable despite progress

    February 6, 2017 10:49 PM

    WASHINGTON - The International Monetary Fund says Greece, which has been struggling for years with high debts and painful rates of unemployment, is making progress toward reducing its massive budget problems and restoring economic growth. But the IMF says the country's debts remain "unsustainable" over the long term. The IMF... more »
  • Edwards unveils plan to bridge $304 million budget gap Play Video

    February 3, 2017 3:15 PM

    BATON ROUGE - Louisiana Governor John Bel Edwards unveiled his plan to bridge a $304 million budget gap for the upcoming special session Monday. Edwards revealed plans to take advantage of the state's $119.6 million Rainy Day Fund to stabalize the budget. The governor's plan does not include raising... more »
  • Edwards calls special session for Feb. 13-23 Play Video

    January 27, 2017 10:58 AM

    BATON ROUGE – Governor Edwards announced on Friday that he is bringing the legislature into its next special session starting Feb. 13 to address the state's $300 million budget deficit. The special session will run to Feb. 23. Gov. Edwards: Next week, I intend to issue a... more »
  • State budget cuts loom Play Video

    January 26, 2017 11:55 PM

    BATON ROUGE- Governor John Bel Edwards is scheduled to address state lawmakers in a joint budget meeting Friday morning at the capitol where he's expected to disclose more details on an upcoming special legislative session. The Louisiana budget is short $304 million for the current fiscal year leaving state services... more »
  • House Republican leader offers his plan for $304M in cuts

    January 19, 2017 3:27 PM

    BATON ROUGE - The leader of Louisiana's House Republican delegation is offering his proposal for closing a $304 million midyear deficit without needing a special legislative session. Alexandria Rep. Lance Harris' plan would levy the deepest reduction, $147 million, on the health department. Harris cites the agency's significant budget growth... more »
  • Cuts loom as latest budget deficit tops $300 million

    January 13, 2017 1:46 PM

    BATON ROUGE - Louisiana's midyear deficit has been pegged at $313 million, a figure that Gov. John Bel Edwards' administration says will trigger the governor to call a special legislative session to re-balance the budget. An income forecasting panel downgraded Louisiana tax collection estimates Friday, to account for unemployment that... more »
  • Governor: $300M deficit could trigger special session need

    January 6, 2017 6:49 PM

    BATON ROUGE - Gov. John Bel Edwards is suggesting a special budget-rebalancing legislative session may be likely to close a looming midyear deficit. The size of the gap will be decided next week. The Democratic governor said Friday if the deficit reaches $300 million or more, as has been projected,... more »
  • More budget cuts, special session worries ahead in Louisiana

    December 24, 2016 11:36 AM

    BATON ROUGE - Gov. John Bel Edwards and Louisiana's lawmakers didn't need to wait for Christmas to get the lump of coal in their stockings. They already knew about the financial headaches they'll have to tackle in 2017. Louisiana's 15th midyear budget gap in nine years is expected to be... more »
  • Louisiana colleges spared some cuts for now

    December 15, 2016 4:45 PM

    BATON ROUGE- Louisiana colleges took a lighter hit to their budgets Thursday than state lawmakers had feared a month earlier. Members of the Joint Legislative Committee on the Budget recognized a $312 million mid-year budget cut at the capitol and higher education took a $12 million hit. In November,... more »
  • Bleak picture of repeated budget cuts from LSU president

    December 14, 2016 3:17 PM

    BATON ROUGE - LSU System President F. King Alexander gave lawmakers a bleak picture about the years of state budget cuts. He says faculty and students are getting poached by out-of-state colleges and per-student spending on the main campus has fallen to among the lowest of its peers. Alexander's comments... more »
  • Council on Aging keeps its funding Play Video

    December 13, 2016 10:53 PM

    BATON ROUGE- Metro-council members failed to strip funding from the Council on Aging in Baton Rouge Tuesday. Republican Buddy Amoroso wanted the senior-citizen group to be solely funded by a tax hike voters approved in November. "I'm disappointed we gave them $872,000 from the budget," said Amoroso after his... more »
  • Decision on size of Louisiana budget gap pushed to January

    December 13, 2016 10:37 AM

    BATON ROUGE - Louisiana's income forecasting panel has delayed until January a decision on how deeply to downgrade the state's tax collection estimates. The move stalls creation of a new financial gap that would force deep cuts and budget rebalancing within a month. Gov. John Bel Edwards' chief budget adviser... more »
  • GOP lawmakers criticize boost in health spending

    December 7, 2016 3:06 PM

    BATON ROUGE - Republican lawmakers on the House budget committee are bristling at the spending increases in the state health department, saying the agency can't keep growing every year. Rep. Rick Edmonds, a Baton Rouge Republican, called the growth in health care spending "astonishing." Rep. Tony Bacala, a Republican from... more »
  • Social services leader seeks money for child welfare cases

    December 7, 2016 3:04 PM

    BATON ROUGE - Louisiana's social services agency is asking for a sizable jump in next year's budget, largely to deal with child welfare cases that the department leader says are overwhelming workers. Children and Family Services Secretary Marketa Garner Walters told the House Appropriations Committee on Wednesday without additional funds,... more »
  • New budget hearings open, with $600M gap lingering this year

    December 6, 2016 2:27 PM

    BATON ROUGE - Lawmakers are getting an early jump on budget negotiations for the upcoming state financial year, but with a warning they have as much as a $600 million hole to close in this year's spending plan first. Commissioner of Administration Jay Dardenne, the governor's chief budget adviser, reminded... more »
  • State planning financial cuts to higher education, health care Play Video

    November 18, 2016 6:17 PM

    BATON ROUGE – The state is currently $300,000 million short and in order to fill the gap, the governor's office is proposing big cuts and, once again, higher education and health care may not be spared. Students at LSU are worried. "It will be more difficult to get... more »
  • Edwards delays budget cuts amid worry about hit to colleges

    November 18, 2016 1:25 PM

    BATON ROUGE - Gov. John Bel Edwards has agreed to delay budget cuts for another month, as lawmakers push for him to find a way to spare college campuses from the slashing. As part of his proposal to close a more than $300 million deficit, the Democratic governor had planned... more »
  • Dardenne: La. doesn't have luxury of sparing higher ed. cuts

    November 17, 2016 2:47 PM

    BATON ROUGE - Gov. John Bel Edwards is planning an $18 million cut to public colleges to help close a state budget deficit, only months after higher education leaders thought they had escaped reductions. The cut is about 2 percent of colleges' general state financing. But the largest piece of... more »
  • Louisiana looks into another debt refinancing

    November 17, 2016 1:36 PM

    BATON ROUGE - Louisiana officials are considering another state debt refinancing, hoping it may save the state some money as it struggles through repeated budget gaps. Gov. John Bel Edwards' chief budget adviser, Commissioner of Administration Jay Dardenne, asked staff of the Bond Commission to look into the idea. Dardenne... more »
  • Edwards' $315 million deficit-closing plan to be unveiled

    November 14, 2016 5:40 PM

    BATON ROUGE - Gov. John Bel Edwards' chief budget adviser will unveil the administration's proposal for closing a $315 million deficit to lawmakers on Friday. Commissioner of Administration Jay Dardenne will outline the recommendations to the joint House and Senate budget committee, seeking to close a budget hole left from... more »
  • Tax law rewrite proposals released to Louisiana lawmakers

    November 2, 2016 9:58 PM

    BATON ROUGE - Louisiana's lawmakers are being urged to make sweeping changes to the state's sales tax, personal income tax and property tax policies. The effort is aimed at stabilizing state government finances and ending its boom-and-bust budgeting cycles. A study group created by lawmakers to recommend a tax revamp... more »
  • Edwards administration warning $313M budget gap could grow

    October 28, 2016 5:14 PM

    BATON ROUGE - Gov. John Bel Edwards' chief budget architect says he fears Louisiana won't meet its income forecast this year, heaping new financial problems on a state already facing a $313 million deficit from last year. Commissioner of Administration Jay Dardenne told state lawmakers Friday that economists have been... more »
  • Louisiana has $313M deficit from last year

    October 27, 2016 6:05 PM

    BATON ROUGE - Louisiana closed the books on the last budget year with a $313 million deficit. That's the figure Commissioner of Administration Jay Dardenne says will be presented to lawmakers Friday. Dardenne says Gov. John Bel Edwards' administration hasn't yet decided how to deal with the shortfall, which is... more »
  • La. agencies, colleges asked to draw up budget cut plans

    October 27, 2016 3:10 PM

    BATON ROUGE - Louisiana's state agencies and colleges are being asked to prepare for budget cuts of as much as 10 percent of their state financing because of a deficit from last year that could reach $300 million. Gov. John Bel Edwards' administration notified departments this week of the possible... more »
  • Edwards, Landry appear to settle latest budget dispute

    September 30, 2016 7:29 PM

    BATON ROUGE - Gov. John Bel Edwards and Attorney General Jeff Landry appear to have worked out their latest budget dispute. The attorney general sought to boost spending in his budget on Medicaid fraud investigations and to take money from the health department to defend Louisiana abortion laws against a... more »
  • Louisiana governor sues AG over anti-discrimination clause

    September 30, 2016 1:52 PM

    BATON ROUGE - Louisiana Gov. John Bel Edwards says he's suing the state attorney general over his rejection of contracts with an anti-discrimination clause that would protect LGBT people. Republican Attorney General Jeff Landry has refused to approve contracts allowing state agencies to hire outside lawyers because they contain language... more »
  • How big is Louisiana's deficit? Figure expected next month

    September 27, 2016 8:16 PM

    BATON ROUGE - A dollar figure for Louisiana's budget deficit will be released next month, after the state's financial analysts finish reconciling the accounting books. Louisiana leaders expect the state spent more than it brought into the treasury in the budget year that ended June 30. Gov. John Bel Edwards'... more »
  • White House not certain Obama would sign Senate GOP budget

    September 23, 2016 2:33 PM

    WASHINGTON - The White House says it's not certain that President Barack Obama would sign a budget bill unveiled by the Senate's top Republican. Spokesman Josh Earnest says Obama is disappointed the bill doesn't include money to help Flint, Michigan, and other cities deal with lead in their water. Earnest... more »
  • Edwards, Landry to meet over latest budget disagreement

    September 21, 2016 11:36 AM

    BATON ROUGE - Gov. John Bel Edwards will sit down with Attorney General Jeff Landry next week to try to hash out their latest budget dispute. Representatives of the Democratic governor and Republican attorney general say a Sept. 30 meeting has been scheduled to discuss Landry budget requests that were... more »
  • Lawmakers won't intervene in Landry, Edwards budget dispute

    September 16, 2016 2:57 PM

    BATON ROUGE - Lawmakers are refusing to intervene in the latest budget dispute between Gov. John Bel Edwards' administration and Attorney General Jeff Landry. Members of the joint House and Senate budget committee heard the disagreement Friday and told the two sides to go work it out on their own.... more »
  • Louisiana to borrow up to $400M in short-term bank loans

    September 15, 2016 1:00 PM

    BATON ROUGE - Louisiana will borrow up to $400 million from two banks to help keep bill-paying on track at state agencies. The Bond Commission agreed without objection Thursday to the short-term loans, which will be drawn down as needed and must be repaid by August 2017. The state's financial... more »
  • AG Landry says Edwards' office stalling his budget request

    September 14, 2016 2:16 PM

    BATON ROUGE - Attorney General Jeff Landry says two of his budget requests to lawmakers are being bottled up by Gov. John Bel Edwards administration. One request, Landry says, would provide $850,000 needed to defend state abortion restrictions against a lawsuit. Landry sent a letter to members of the Legislature's... more »
  • Governor's budget chief: Deficit from last year 'inevitable'

    August 8, 2016 3:05 PM

    BATON ROUGE - Gov. John Bel Edwards' top financial adviser says it's "inevitable" Louisiana will have a deficit to close from the last budget year, though it's too soon to say how large the gap will be. Commissioner of Administration Jay Dardenne said Monday there's one more week of tax... more »
  • Layoffs won't hit Gov. John Bel Edwards' office after all

    July 26, 2016 5:14 PM

    BATON ROUGE - Gov. John Bel Edwards' office won't be laying off staff after all. Earlier this month, some employees in the office had received layoff notifications. But on Tuesday, Edwards spokesman Richard Carbo said a different approach has been taken to reduce costs to cope with a $703,000 cut... more »
  • Louisiana may need short-term loan for temporary cash flow

    July 21, 2016 3:01 PM

    BATON ROUGE - Louisiana is laying the groundwork for possibly taking out a short-term loan to pay the state's bills. The Bond Commission on Thursday agreed without objection to start the process, with a final decision in August. Gov. John Bel Edwards' administration, Treasurer John Kennedy's office and legislative leaders... more »
  • Louisiana's special sessions on taxes cost at least $1.8M

    July 15, 2016 1:10 PM

    BATON ROUGE - The two special sessions called by Gov. John Bel Edwards to help stabilize Louisiana's finances cost taxpayers at least $1.8 million. During the two sessions on taxes held this year, lawmakers raised about $1.5 billion to shrink holes in the current year budget. The House and Senate... more »
  • Layoffs planned in Gov. Edwards' office to balance budget

    July 13, 2016 1:35 PM

    BATON ROUGE - Layoff notifications have gone out to some of the employees of Gov. John Bel Edwards' office. Edwards spokesman Richard Carbo said Wednesday the governor's office will reduce its staff to cope with a $1 million budget cut for the financial year that began July 1. Some employees... more »
  • Edwards allows front-loading of TOPS payments, doesn't veto

    July 1, 2016 12:31 PM

    BATON ROUGE - Though he called it bad policy, Gov. John Bel Edwards has upheld the front-loaded approach to TOPS in the new budget. College students on TOPS will receive full tuition funding for the fall semester and 42 percent financing for the spring. As the financial year... more »
  • La. income estimates tweaked to add taxes, ahead of new year

    June 30, 2016 12:45 PM

    BATON ROUGE - Louisiana's income forecasts have been updated to reflect tax changes backed by lawmakers, adjustments needed to keep the budget that begins Friday in balance. But other money problems loom, including concerns Louisiana might have to take out a short-term loan to keep cash flowing and government services... more »
  • Pointe Coupee police jury shaves 16 jobs to close deficit

    June 29, 2016 12:53 PM

    NEW ROADS - Council members in Pointe Coupee Parish agreed last week to shave 16 positions to close this year’s budget hole. Justin Cox, Chairman of the Finance Committee, said that this year’s projected parish sales tax revenue will be $580,000 less than last year. To make up... more »
  • Alaska could end to oil checks paid to residents since 1982

    June 29, 2016 11:19 AM

    ANCHORAGE - As Alaska faces a multibillion dollar budget deficit, the oil fund wealth checks distributed yearly to nearly every Alaskan could be on the chopping block. It could mean the first time in more than 30 years that most Alaskans won't get a check from the government just for... more »
  • Effort to raise another $88M for budget shelved

    June 23, 2016 12:04 PM

    BATON ROUGE - Senate President John Alario has given up on trying to raise another $88 million for next year's budget, saying the House won't go along with the plans. The proposal would have reduced personal income tax deductions for people who itemize on their state forms. The House rejected... more »
  • Lawmakers making last minute effort to fund TOPS Play Video

    June 22, 2016 7:44 PM

    BATON ROUGE - The Capitol is taking last minute efforts to put more money into the TOPS Scholarship program. The plan requires a tax hike and would only effect those who make more than $100,000 a year. However, Republicans are not in favor of the plan. The proposal for the... more »
  • Bills to lessen business tax breaks still alive Play Video

    June 20, 2016 7:52 PM

    BATON ROUGE - Two tax bills that could raise more than $70 million for next year's budget will be considered by the Louisiana House. They are likely the last proposals that could win final passage in the special session to help lessen budget cuts. The measures would scale back some... more »
  • TOPS not fully funded has parents and students concerned Play Video

    June 20, 2016 6:58 PM

    BATON ROUGE – The state budget has TOPS funded at only 70 percent leaving many parents worried about their children. Due to the program's current funding, no student will get a full TOPS scholarship. "It's very alarming to me as a parent. That my daughter has worked so hard though... more »
  • Economist: State could face up to $200M deficit this year

    June 17, 2016 11:06 AM

    BATON ROUGE - An economist who helps decide Louisiana's state income forecast has delivered grim news to Gov. John Bel Edwards and legislative leaders, saying the state could end up with as much as a $200 million deficit this year. If the expectation pans out, it would worsen state financial... more »
  • House, Senate disagreement over budget bill ends Play Video

    June 16, 2016 7:39 PM

    BATON ROUGE - House and Senate leaders have reached a deal on how to handle the budget bill to spend the tax dollars raised during the special legislative session. After a Thursday meeting, House leaders agreed to stop stalling the bill and are scheduling it for a Monday hearing. House... more »
  • House, Senate disagreement over budget bill ends

    June 16, 2016 3:52 PM

    BATON ROUGE - House and Senate leaders have reached a deal on how to handle the budget bill to spend the tax dollars raised during the special legislative session. After a Thursday meeting, House leaders agreed to stop stalling the bill and are scheduling it for a Monday hearing.... more »
  • Pay raises suspended for Louisiana's state workers next year

    June 16, 2016 11:40 AM

    BATON ROUGE - Tens of thousands of Louisiana state workers won't be getting pay raises next year. The Civil Service Commission voted 4-1 Thursday to block annual "performance adjustments" for more than 38,000 government workers, called classified employees. The pay raise suspension covers the budget year that begins July 1.... more »

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