Statement from the Pelican Institute Upon the Passage of Expenditure Limits Out of the House

BATON ROUGE— Pelican Institute CEO Daniel Erspamer released the following statement upon the passage of HB 273 and 276 out of the House:

“The passage of HB 273 and 276 by Representative Beaullieu represents the advancement of a set of principles that will ensure our state is on firm financial footing in the coming years. By tying our state budget to meaningful economic factors like population and personal income growth, we will avoid the fiscal cliffs and spending binges of the past while maintaining the flexibility needed to respond to major disasters.”

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