An international comparative study that measures the protection of physical and intellectual property rights ranked the U.S. 18th overall, down from 16th in 2010 and 14th in 2007. The U.S. physical property rights rank fell to 25th, behind countries such as Bahrain, Saudi Arabia, and Tunisia.
State lawmakers were not thinking about long term costs when they passed a law back in 1999 that allowed for taxpayers to pick up all or part of the tab for employee contributions to a local pension plan. Pension reform proposals will be up for discussion in the upcoming state legislative session
2011 is set to be the first year that federal aid becomes the largest component of state revenues. Already 27 states, including Louisiana, rely on federal aid as their primary source of funding, but the report’s author describes this year’s level as a critical breaking point.
Republican House members introduce the Welfare Reform Act of 2011, which is set to expand the reforms of the mid-1990s. The reform comes on the heels of U.S. Census Bureau data showing one in seven Americans live at or below the poverty line.
Rep. Kevin Pearson (R-Slidell) has proposed an across-the-board increase in pension contributions from state workers that would include police officers, judges and university professors. He credits Gov. Bobby Jindal for calling attention to the challenge of rising liabilities, but favors changes that are not limited to the “rank-and-file” workers.
One year after ObamaCare was signed into law, Gov. Bobby Jindal has stated that Louisiana will not set up an exchange system that enables the new insurance regulations. By taking a firm stand, Jindal could inspire other governors who recognize that the U.S. Supreme Court may overturn the regulation.
President Obama announced he has no plan to reduce federal education funding, and instead seeks to revise No Child Left Behind and expand his education plan, Race to the Top.
LSU-Shreveport political science professor, Jeffrey Sadow, explains the confusing and blurred constraints of Louisiana’s resdistricting.
A new ranking of admissions standards has LSU below all flagship universities in the Deep South. The study author contends consequently lower graduation rates, less desirable faculty, and poorer quality research.
A Northwestern University study claims that Louisiana’s pension system will be insolvent by 2017. Louisiana’s largest pension program dismisses claims as “misleading”.