WRKF News

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The Revenue Estimating Conference meets Friday to put an official number on the mid-year budget shortfall and start the wheels moving on cuts – which are expected to exceed $300-million. Where will the axe fall?

“Because Higher Ed and parts of health care are not protected, I believe that once again, sadly, we’re going to take a large part of the burden," says Louisiana Higher Education Commissioner Joe Rallo.

Feeding the Tax Base

Jan 10, 2017
Sue Lincoln

When the Sales Tax Streamlining Commission met Monday, they considered doing away with the state sales tax exemption on food purchased for home consumption.

“This would be a revenue neutral thing,” commission chair Julie Stokes told the group. “Food would be fully taxed, and the rate on everything would be able to come down a half of a penny.”

wbur.org

With a new Congress in place, it’s item one on their agenda:

“We’re going to repeal Obamacare,” Vice President-elect Mike Pence declared last week, and initial legislation for repeal is expected to start moving through the congressional process this week. But what happens after repeal?


courtesy: Louisiana Wildlife Federation

Recent partisan criticism of the time it’s taken for the governor’s office to get a flood recovery plan in place has been duly noted, and is being answered today.


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Louisiana's budget problems extend beyond the current year shortfalls, but as the topic continues to dominate policy discussions ast the capitol, we're going to delve into some of the history and allied components of Louisiana's fiscal mess. Basically they all boil down to one thing – more money needing to go out than is coming in. When it comes to state retirement systems, that problem has a name: it's called the “UAL”.


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