Gov. Edwards’ Budget Cut Proposal To Be Unveiled Tuesday
BATON ROUGE, La. (AP) — Gov. John Bel Edwards says the budget cut proposals his administration will unveil next week to cope with a $750 million gap will be "sobering."
The governor's chief financial adviser, Jay Dardenne, will present the recommendations for closing next year's shortfall Tuesday to the House Appropriations Committee.
Edwards says the package of proposals won't resemble anything he wants to do, but will match Louisiana's spending in the financial year that begins July 1 to its available revenue.
The Democratic governor said Thursday: "It's going to be tough."
Lawmakers agreed in a special session to raise $1.2 billion in taxes for next year's budget. That wasn't enough to close all gaps. Edwards says he'll seek a second special session to try to raise additional revenue, but no date has been set.
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