Big Victory for Policy to Get Louisiana Working

06/15/2020

On Monday, in a major win for policies to Get Louisiana Working, Governor John Bel Edwards signed Representative Beau Beaullieu’s HB 469 into law. HB 469 reforms our state budget process to rein in reckless spending. Over the last few years Louisiana’s general fund has grown by nearly 12 percent, while our population has decreased...

TAGS: Budget, Get Louisiana Working, Government Spending, HB 469, spending, State Spending

Economic Shocks Should Signal Spending Restraint from Lawmakers

03/25/2020

With tens of thousands of Louisianans now out of a job due to effects of the spread of COVID-19, household budgets are being reviewed and adjusted to ensure families stay afloat during this uncertain period. But while individuals and families across Louisiana are facing the largest and most immediate financial impacts of this crisis, the...

TAGS: balanced budget, Budget, Budget crisis, Government Spending, State Spending

State Budget Crises: Where to Go from Here

By Fergus Hodgson

09/27/2010

Spending beyond inflation and population growth accounts for budget gaps By Daniel M. Rothschild It didn’t have to be this way, with states slashing budgets, cutting services, hiking taxes and fees, all while peering into the crevasse of fiscal meltdown. That’s the conclusion of a new paper by Matthew Mitchell, an economist at the Mercatus...

TAGS: Daniel Rothschild, Mercatus Center, State Spending

State Budget Crises: Why They Matter and Ideas for Fixing Them

By Robert Rosamond

06/10/2010

The Mercatus Center at George Mason University recently released a policy brief that offers suggestions on how states can begin to climb out of their fiscal holes In Seven Key Aspects of Governing During Crisis, Maurice McTigue and Daniel M. Rothschild present a toolkit of seven ideas and procedures for state policy makers to evaluate...

TAGS: Budget, Mercatus Center, State Spending

Deficits Provide Opportunity to Weed Out Failing Programs

By Jennifer Moreale

03/23/2010

Despite Gov. Jindal’s spending cut in late December, Jan Moller reports in the Times Picayune on a possible “mid-year budget deficit that could be as high as $400 million.” According to the state Department of Revenue, lower income and sales tax revenues are to blame. In February, the state collected $209 million but paid $230...

TAGS: Bobby Jindal, Cato Institute, Chris Edwards, Deficit, Free Market, Jan Moller, State Spending

Louisiana’s Comeback Agenda

Louisiana’s Comeback Agenda is a bold vision for policy change in Louisiana. Given our economic and cultural assets, Louisiana should be an economic powerhouse. This agenda is the roadmap for how we get there. It’s intended to serve as a guide for lawmakers, candidates, and community leaders to spark discussion and debate toward proven policies that will...

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