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Content Tagged As deficit

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  • Pointe Coupee school board mulls new tax amid financial woes Play Video

    February 4, 2020 11:39 PM

    NEW ROADS - For the second time in less than two weeks, the Pointe Coupee Parish School Board met to discuss how it will bridge a $1.5 million deficit. While no specific action was taken, members of the public tapped to serve on a committee to find solutions had... more »
  • Pointe Coupee school board hears parents, teachers but doesn't fix budget shortfall Play Video

    January 23, 2020 9:55 PM

    NEW ROADS - More than 100 people showed up for the Pointe Coupee school board meeting Thursday to talk about how to plug a $1.5 million hole in the system's budget. Those that couldn't fit in the room listened in from the hallway. On the agenda, was Superintendent... 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 and Senate appear in stalemate over budget rebalancing

    March 1, 2016 6:18 PM

    BATON ROUGE - Negotiations over how best to rebalance Louisiana's budget are staying behind the scenes. Lawmakers in the House on Tuesday again stalled votes on tax hikes, as bill sponsors tried to rally enough support for passage. House Speaker Taylor Barras, a Republican, called on lawmakers in his... more »
  • Students rally at capitol Play Video

    February 19, 2016 6:39 PM

    BATON ROUGE - A small group of college students rallied at the capitol Friday protesting higher education cuts. They demanded state lawmakers take action in the current special session. The rally was completely organized by students, about fifty attended. "I think this is amazing that we were able to turn... more »
  • Sin tax likely to increase Play Video

    February 17, 2016 8:00 PM

    BATON ROUGE- Smokers and drinkers could soon pay more for their vices. A number of tax increases were debated at the state capitol Wednesday. These "sin" taxes are on Governor Edwards wish list for tackling the states budget deficit. The increases could come as soon as April. The proposed increases... more »
  • NSU student creates GoFundMe page to help state close budget deficit

    February 17, 2016 6:00 PM

    NATCHITOCHES - A college student at Northwestern State University has devised a creative way to help the state in its efforts to resolve the current Louisiana budget shortfall. Eric Boleyn's effort to pitch in to solving the state's conundrum comes in the form of a GoFundMe page , which... more »
  • Income tax overhaul proposed Play Video

    February 15, 2016 8:35 PM

    BATON ROUGE- A number of proposals for a revised income tax system are on the table at the state capitol. It's part of an effort to solve the state's budget crisis. Governor Edwards' administration wants to lower to income taxes for everyone while reducing deductions. In one plan,... more »
  • Budget threats becoming familiar pattern Play Video

    February 12, 2016 6:58 PM

    BATON ROUGE - The current budget brinksmanship is nothing new in Louisiana politics. Less than a year ago, similar doomsday stories were told about the future of higher education and health care. Both then and now, state leaders emphasized those scenarios would play out if taxes were not raised.... more »
  • Edwards calls special session to raise taxes Play Video

    February 5, 2016 4:20 PM

    BATON ROUGE - State lawmakers will start debating a tax hike next week with Governor John Bel Edwards calling a special legislative session Friday to tackle Louisiana's budget crisis. Lawmakers will go into the special session on Sunday, Feb. 14 and will remain in session until Mar. 9. Edwards... more »
  • Lawmakers urged to raise state sales tax Play Video

    January 13, 2016 7:51 PM

    BATON ROUGE - State lawmakers were told to face the music and raise the sales tax Wednesday. LSU professor Jim Richardson said it's one of the only ways to raise money immediately. Lawmakers have till June to raise $700-$750 million. Otherwise Medicaid, public schools and state colleges could run out... more »
  • Council budget hearing scheduled for Thursday afternoon

    November 12, 2015 9:38 AM

    BATON ROUGE- Metro council members are getting ready to take a look at next year's budget proposal. East Baton Rouge Mayor-President Kip Holden unveiled his 2016 budget proposal. The $880.4 million budget includes more money for safety agencies and a pay bump for government employees. On Thursday, Metro... more »
  • Experts expect cuts to state agencies before higher education

    November 3, 2015 7:46 PM

    BATON ROUGE - Cuts for higher education and health care could roll out in three weeks. Governor Jindal's administration has vowed to close the latest budget hole before leaving office in early January. Jindal's plan to plug last year's budget deficit and the mid-year budget deficit will be presented to... more »
  • Treasurer Kennedy on the state budget deficit Play Video

    September 30, 2015 10:33 AM

    BATON ROUGE- The state budget deficit is looming over lawmakers' heads. A key economist with the state has already told residents to expect cuts before the end of the year. Treasurer John Kennedy stopped by 2une In Wednesday morning to explain the state's financial predicament. "We're spending more money than... more »
  • State sales tax expansion possible

    September 16, 2015 7:51 PM

    BATON ROUGE - There's talk around the Capitol of expanding a state sales tax for everyday items. Under the Louisiana's constitution things like groceries, gasoline, prescription drugs, and residential electric bills are exempt from a state sales tax. "Those are some of the most stable and consistent purchases consumers make,"... more »

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