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Statement From LBP On The Governor’s Executive Budget

“This is an unbalanced budget that would kill jobs, raise payroll taxes on hard-working state employees and cut services essential to protecting the middle class and building a strong economy.

“We are disappointed that the budget continues the irresponsible pattern of meeting ongoing needs by raiding state funds set aside for specific purposes.

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Budget News and Notes

The 2012-13 budget shortfall: $895 million.

That’s what Gov. Bobby Jindal’s administration told the Joint Legislative Committee on the Budget  last Friday when the “continuation budget” was released. The continuation budget represents what it would cost to maintain current levels of government services, and the shortfall—unfortunately—was larger than many were expecting.

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