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
Pelican Institute Report: taxpayers on the hook for billions of dollars in unfunded liabilities. Despite Governor Jindal's national accolades, Louisiana is on course for fiscal catastrophe. Next year's $2 billion shortfall is the tip of the iceberg.