|
|
Story Archives: EDITORIAL: A hard budget in a hard year
- May 2013 - 100 articles
- April 2013 - 118 articles
- March 2013 - 122 articles
- February 2013 - 99 articles
- January 2013 - 81 articles
- December 2012 - 105 articles
- November 2012 - 92 articles
- October 2012 - 94 articles
- September 2012 - 163 articles
- August 2012 - 193 articles
- July 2012 - 246 articles
- June 2012 - 257 articles
- May 2012 - 293 articles
- April 2012 - 334 articles
- March 2012 - 363 articles
- February 2012 - 307 articles
- January 2012 - 235 articles
- December 2011 - 184 articles
- November 2011 - 212 articles
- October 2011 - 242 articles
- September 2011 - 235 articles
- August 2011 - 277 articles
- July 2011 - 256 articles
- June 2011 - 309 articles
- May 2011 - 326 articles
- April 2011 - 320 articles
- March 2011 - 390 articles
- February 2011 - 353 articles
- January 2011 - 357 articles
- December 2010 - 289 articles
- November 2010 - 334 articles
- October 2010 - 395 articles
- September 2010 - 390 articles
- August 2010 - 432 articles
- July 2010 - 516 articles
- June 2010 - 605 articles
- June 30th, 2010 (Wednesday) - 20 articles
- June 29th, 2010 (Tuesday) - 22 articles
- June 28th, 2010 (Monday) - 14 articles
- June 27th, 2010 (Sunday) - 12 articles
- June 26th, 2010 (Saturday) - 17 articles
- June 25th, 2010 (Friday) - 24 articles
- June 24th, 2010 (Thursday) - 22 articles
- June 23rd, 2010 (Wednesday) - 24 articles
- June 22nd, 2010 (Tuesday) - 22 articles
- June 21st, 2010 (Monday) - 18 articles
- June 20th, 2010 (Sunday) - 17 articles
- June 19th, 2010 (Saturday) - 16 articles
- June 18th, 2010 (Friday) - 21 articles
- June 17th, 2010 (Thursday) - 25 articles
- June 16th, 2010 (Wednesday) - 26 articles
- June 15th, 2010 (Tuesday) - 19 articles
- June 14th, 2010 (Monday) - 17 articles
- June 13th, 2010 (Sunday) - 15 articles
- June 12th, 2010 (Saturday) - 16 articles
- June 11th, 2010 (Friday) - 29 articles
- June 10th, 2010 (Thursday) - 17 articles
- June 9th, 2010 (Wednesday) - 27 articles
- June 8th, 2010 (Tuesday) - 22 articles
- June 7th, 2010 (Monday) - 17 articles
- June 6th, 2010 (Sunday) - 22 articles
- June 5th, 2010 (Saturday) - 24 articles
- June 4th, 2010 (Friday) - 25 articles
- June 3rd, 2010 (Thursday) - 21 articles
- June 2nd, 2010 (Wednesday) - 23 articles
- June 1st, 2010 (Tuesday) - 11 articles
- May 2010 - 603 articles
- April 2010 - 539 articles
- March 2010 - 500 articles
- February 2010 - 447 articles
- January 2010 - 493 articles
- December 2009 - 481 articles
- November 2009 - 475 articles
- October 2009 - 556 articles
- September 2009 - 512 articles
- August 2009 - 571 articles
- July 2009 - 517 articles
- June 2009 - 539 articles
- May 2009 - 592 articles
- April 2009 - 509 articles
- March 2009 - 530 articles
- February 2009 - 515 articles
- January 2009 - 519 articles
- December 2008 - 441 articles
- November 2008 - 431 articles
- October 2008 - 522 articles
- September 2008 - 408 articles
- August 2008 - 465 articles
- July 2008 - 483 articles
- June 2008 - 526 articles
- May 2008 - 440 articles
- April 2008 - 384 articles
- March 2008 - 383 articles
- February 2008 - 420 articles
- January 2008 - 426 articles
- December 2007 - 324 articles
- November 2007 - 369 articles
- October 2007 - 472 articles
- September 2007 - 394 articles
- August 2007 - 377 articles
- July 2007 - 349 articles
- June 2007 - 310 articles
- May 2007 - 244 articles
- April 2007 - 165 articles
- March 2007 - 164 articles
- February 2007 - 204 articles
|
EDITORIAL: A hard budget in a hard year The Daily Advertiser (excerpt)
The fiscal 2011 budget for Louisiana state government is like a bridesmaid's dress. It's widely considered hideous, perhaps purposefully so. But, as long as we only have to wear it once, and if everyone's going to be tipsy at the reception anyway, maybe we can live with it. The garment that came out of the legislative sweatshop this year has a $26 billion price tag. The budget officials who routinely underestimate revenue and then pull a rabbit out of some hat in the session's closing days couldn't do that this year. The state kept hemorrhaging revenue, stuck by a decline in employment, falling energy prices and a generally unhelpful national economy.
Because there was no white knight to save the day this year, things turned contentious. And through it all, there was a nagging little voice that said, "You think this year is bad?" All the signs point to bigger troubles ahead. Even if no bad economic effects materialize as a result of a deepwater drilling moratorium — and the local projections there range from "awful" to "Grapes of Wrath" — Louisiana must still cope with falling revenue, a generally sluggish commercial environment nationally, the federal demand for a bigger share of Medicaid costs, and whatever uncompensated or indirect expense might accrue as a result of the Deepwater Horizon spill.
That's why some members of the House, led by Speaker Jim Tucker, R-Terrytown, wanted deeper cuts than his colleagues in the Senate were willing to sit still for. Tucker wanted four times the slashing that the Senate hoped to enact, and he wanted to repay the money borrowed from the rainy day fund more quickly than the other chamber did. It's impossible to argue with Tucker's reasoning. If the Legislature had such trouble balancing the budget this year, what's it going to like next year, when there's every reason to believe the bad stuff will happen, and only a well-aimed wish can provide substantial help?
|
 To share this site with friends, simply use the above tool bar.
| |
|