The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
Louisiana's unfunded liability of $24 billion cause for "serious concerns" NEW ORLEANS, La. – On account of immense fiscal pressure, some states are “simply not going to be able to honor their promises,” asserts John Hood, author of “The States in Crisis,” a report from the latest issue of National Affairs.