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re: La. issued 251 million in tax credits in 2013.

Posted on 6/2/14 at 1:47 pm to
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51830 posts
Posted on 6/2/14 at 1:47 pm to
quote:

I don't keep up with it as much as I used to but after Katrina, we had somewhere around 6-8 billion a year being dumped into the coffers from the Feds... That money is no more but we are still fighting the urge to spend..


I thought the number on the pre-Katrina budget was closer to 10-12B, but regardless your point is still true. When the federal dollars started pouring in, the state increased its budget commensurately as if these were permanent funds. For the past few years the state has been trying to figure out how to handle being forcibly weened off that tit.
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