NEW ORLEANS, La. – The Institute for Truth in Accounting has released a damning “Financial State of the State” report on Louisiana’s “antiquated” accounting methods and “precarious” fiscal status.
Louisiana’s unfunded liability of $24 billion cause for “serious concerns”
NEW ORLEANS, La. – On account of immense fiscal pressure, some states are “simply not going to be able to honor their promises,” asserts John Hood, author of “The States in Crisis,” a report from the latest issue of National Affairs.
Jindal’s Prison Privatization Proposal Must be Properly Structured, But Can Generate Savings, Spokesman Says
Corrections System the Second-Fastest Growing Part of State Budgets By Kevin Mooney While some high profile state officials have expressed skepticism toward the idea of selling off state correctional facilities, a spokesman for Gov. Bobby Jindal says the proposal can be structured to alleviate costs and “right size” state government.
Louisiana’s Noble Ellington endorses Amendment seeking to “restore balance of state and federal power” NEW ORLEANS, La. – Heightened concern with a lack of federal accountability may lead to the first state-initiated constitutional convention since the original ratification. In their efforts to shift the balance of power, a variety of organizations are working to bypass…
Industry leader advocates expanded production and unveils latest research WASHINGTON, D.C. – Yesterday the American Petroleum Institute hosted its “The State of American Energy” speech, given by their president and CEO, Jack Gerard. On the eve of the 112th congress, more than 200 hundred guests heard Gerard’s call for increased access to known reserves and…
“Politically correct” sources of energy are largely futile and Obama administration policies are a war against the energy industry and the Louisiana economy, says Pelican Institute guest speaker.
After 13 hours of stormy debate, Recovery School District schools may now petition for a new governing authority or a return to their previous governing authority.
Stronger balanced budget amendments safeguard against shortfalls By Phillip Suderman As states complete their budget forecasts, 40 states are already reporting more than $80 billion in budget gaps for the next two fiscal years, according to the National Association of State Budget Officers. In a joint report released last week by NASBO and the National…
A new report claims that more than one third of Louisiana’s higher education funds are wasted on non-graduating students. Harry Stille Ph. D., author of “Louisiana: Public Institutions,” believes loose admission standards contribute to an estimated $440 million annual waste – an “enormous cost for little results.”
Interior Secretary Ken Salazar and Michael Bromwich failed to win the hearts of Louisiana’s Gulf Economic Survival Team and prominent politicians in their recent meeting in the state. A lack of urgency and definitive policy decisions lead to lack of confidence.