Gov. John Bel Edwards took to the House floor Monday evening to address members of both chambers. The Legislature is officially in a special session and has until March 7 to try and solve Louisiana's budget crisis.
Gov. John Bel Edwards has called legislators into a special session starting Monday to address the state's looming budget crisis. Come July 1, Louisiana is set to lose more than a billion dollars in revenue.
This year, they're focusing on government transparency, namely through the creation of a website called Louisiana Checkbook. LABI president Stephen Waguespack says it's about rebuilding people's trust in government.
When Louisiana rolls into the next fiscal year on July 1, state revenue will shrink by more than $1 billion as temporary tax increases expire. That drop in revenue is what's referred to as the fiscal cliff.