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
Due to a scheduled larger share of offshore oil and gas revenues from the federal government, some lawmakers anticipate future surpluses.
A Northwestern University study claims that Louisiana's pension system will be insolvent by 2017. Louisiana's largest pension program dismisses claims as "misleading".