State government finances Archives

Jindal drains economic development fund to subsidize projects around the state

There was $150 million in the "mega-fund" when Bobby Jindal took office. Now it's down to $6.7 million, and prospects are dim for replenishing it. “I think the dollars have been used for meaningful projects that have been important for our economy,” he said.

by Tyler Bridges August 19, 2013 Updated November 7, 2019

Tax hike? More cuts? Refilling state’s rainy day fund clouds state budget prospects

Tapping the state's piggy bank has helped Jindal and legislators avoid tax hikes. But after pulling $255 million out of the rainy day fund, the state now has to find a way to replenish it in two years. But tax revenues are not forecast to rise enough to provide the money, foreshadowing tough choices ahead.

by Tyler Bridges August 14, 2013 Updated November 7, 2019

Sharp decline in state tax revenue during Jindal years bucks national trend

Shrinking government is a conservative ideal, but public institutions and infrastructure bear the burden.

by Tyler Bridges August 7, 2013 Updated November 7, 2019

Focused On

Tag: State government finances

Jindal drains economic development fund to subsidize projects around the state

Tax hike? More cuts? Refilling state’s rainy day fund clouds state budget prospects

Sharp decline in state tax revenue during Jindal years bucks national trend

Our reporting has more urgency than ever.