Louisiana is facing a $2 billion budget shortfall. The Legislature won’t raise taxes, and everyone dependant upon government funds claims their needs are sacred. What should state leaders do? Business Report Executive Editor JR Ball says its time for the state to take up priority-based budgeting to make sure the most important items—such as education, health care and building a knowledge-based economy—get their funding. “Anything else involving taxpayer money is then rated based on its impact or relationship to the state’s core, or foundational, priorities,” Ball says. Read his column about the subject here. Send comments to editors@businessreport.com.
Editor: Time for the state to set budget priorities
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