|Posted on 5/25/2017 2:21:00 PM.|
Legislative leaders and Governor John Bel Edwards agree another special legislative session is likely to address the state’s looming $1.3 billion dollar fiscal cliff. In July 2018, over a billion dollars in temporary sales taxes expire. President of the Council for a Better Louisiana Barry Erwin says the push to address this latest fiscal problem is not there.
|legislative session, special session, Barry Erwin, CABL|
|Posted on 5/17/2017 4:41:00 PM.|
Governor John Bel Edwards says he’s disappointed at how far behind the legislature is in this fiscal session and it could mean another special session in the near future. Edwards says a tremendous amount of work needs to be done before this session ends on June 8. He says this is the best opportunity lawmakers have to resolve the state’s looming budget problems.
|John Bel Edwards, fiscal session, special session, budget, |
|Posted on 2/22/2017 6:47:00 PM.|
After 10 days of what became some heated debates, the special session ended with lawmakers agreeing to use $99 million from the rainy day fund to address a $304 million midyear deficit. Governor John Bel Edwards originally asked legislators to use $119 million from the state's savings account to minimize cuts to state agencies.
|John Bel Edwards, special session, rainy day fund, budget deficit|
|Posted on 2/22/2017 4:39:00 AM.|
It’s the final day of the special session, and the major sticking point is how much of the rainy day fund to tap to resolve a $304 million midyear deficit. Governor Edwards and the Senate proposes using $99 million from the state’s savings account, but LaPolitics.com publisher Jeremy Alford says House Republicans want the Senate to pass a bill that frees up statutory dedications in future budgets.
|Jeremy Alford, special session, budget deficit, rainy day fund|
|Posted on 2/21/2017 10:46:00 AM.|
In the final two days of the special session, lawmakers are close to reaching a compromise on how many rainy day dollars to use versus what cuts to make to resolve a $304 million midyear deficit. The Senate approved a plan that would tap $99 million from the state’s savings account. Senate President John Alario says it’s a fair compromise that would protect vital services from deep cuts.
|John Alario, Taylor Barras, special session, rainy day fund, budget deficit|
|Posted on 2/20/2017 1:54:00 PM.|
The Louisiana Senate passed a measure on Sunday night that would use $99 million of the Rainy Day Fund to help offset the state’s $304 million budget deficit. Last week, the House passed legislation that would use $75 million, but Chairman of the House Democratic Caucus, Gene Reynolds, supports using the higher amount.
|Special Session, Rainy Day Fund, Gene Reynolds, Rick Edmonds|
|Posted on 2/17/2017 5:47:00 AM.|
Today the state House will decide how much, if any, of the rainy day fund to use to close a $304 million budget shortfall. New Orleans Representative Walt Leger says lawmakers passed a budget last year describing what they want to accomplish for the people of Louisiana, and it’s the legislature’s responsibility to meet those promises. He says the best way to accomplish that would be to use $119 million from the rainy day fund.
|Walt Leger, Rick Edmonds, budget, special session, rainy day fund|
|Posted on 2/15/2017 11:59:00 AM.|
The debate continues at the state capitol on whether or not to tap into the rainy day fund to address a $304 million midyear budget deficit. House Appropriations Chairman Cameron Henry opposes the use of rainy day fund and continues to push for reductions in state spending.
|Cameron Henry, special session, budget, |
|Posted on 2/13/2017 10:42:00 AM.|
Tonight Louisiana lawmakers will convene for their third special session in just one year, as they attempt to resolve a $304 million midyear budget deficit. ULM political science professor Dr. Joshua Stockley says one of the biggest battles will be whether or not to tap into the rainy day fund, and how much. He says if they do not use the fund, lawmakers will face some tough decisions.
|Joshua Stockley, special session, budget, rainy day fund|
|Posted on 2/13/2017 4:10:00 AM.|
A 10-day special session begins tonight as Governor John Bel Edwards is asking lawmakers to use a combination of cuts and money from the rainy day fund to close a 304-million dollar midyear budget deficit. Commissioner of Administration Jay Dardenne says it’s their recommendation that legislators approve the use of 119-million dollars in rainy day dollars.
|special session, Jay Dardenne, Jay Morris, Cameron Henry, budget cuts|
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