News / Article

Our Views: Don't let Louisiana legislators dodge personal responsibility for fiscal crisis

Source: theadvocate.com - Jul 12, 2017

In all the reviews of the 2017 Legislature, the consensus is that the lawmakers failed to do the one thing they need to do: address the "fiscal cliff."

That is the expiration of temporary sales taxes and other revenue increases that enabled new Gov. John Bel Edwards to patch together a budget in his first year in office. Many of the new taxes, particularly an onerous new one-penny on the sales tax, expire on June 30, 2018.

Not enough of a cliff, apparently, as next to nothing was done on tax reform, and even less on credible spending reforms. Both should be part of a solution, but the GOP-led House thinks only of cutting medical services for the poor in the giant Medicaid program. Well, that and opposing taxes.

CLICK SOURCE TO READ ENTIRE ARTICLE

Category: General Business

Comments