Governor Proposes More than $300 Million in Budget Cuts
The Governor is presenting his plan for budget changes to get the budget in line. Administration Commissioner Jay Dardenne is proposing $315 million dollars in cuts to the Joint Legislative Budget Committee.
Governor John Bel Edwards has suggested across the board cuts and he told all department heads to prepare budgets with 10% fewer dollars.
The Governor’s report says our state has lost jobs and that causes a decline in revenue. The forecasters say they base projected revenues on employment numbers and income numbers across the state including all wages and salaries and that number is declining across the state.
The committee has been discussing film tax credits, oil and gas revenues, education spending and all of the agencies impacted by these cuts.