New Study: Louisiana’s Fiscal Crisis Decades in the Making

By Fergus Hodgson
08/25/2010
Report highlights how spending trends have fueled fiscal deficits Although the economic recession has contributed to Louisiana’s ominous deficit, a new report from the Mercatus Center at George Mason University stresses that state spending trends meant the problem was building for decades. Between 1987 and 2007, Louisiana’s government spending grew at almost three times the...

TAGS: balanced budget, budget gap, matthew mitchell, Mercatus Center, spending trends