The report to achieve Louisiana’s 2024-2025 Responsible Budget presents solutions to rein in the extraordinary growth of the budget in order to give the state a competitive advantage, much like those used in other states, such as Texas and Florida, limiting the amount of funding appropriated at the beginning of each fiscal year. Over the...View Report
'A defined contribution system is one no longer supported by taxpayers, but, rather by the responsible investment choices of individuals.'
Louisiana public pension funds sought to withdraw $143 million from Fletcher Asset Management earlier this week, but were presented with IOUs in lieu of cash, leaving taxpayers to foot the bill.
"Not only do public-sector unions hamper the effectiveness of government and the efficiency of business, they impede the ability of elected leaders to enact sound reforms."