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John Bel Edwards on Budget & Economy

 

 


We paid off billions of deficit; and we shouldn't go back

Q: Over the last four years, the state has gone from a multi billion dollar budget deficit to a multi million dollar surplus. Part of the reason was an increase in sales tax. Is it time to cut the burden on Louisiana taxpayers?

A: We came together and did the hard work necessary by focusing on cuts & savings, supported by a Republican legislature. We now are running surpluses because the economy is performing better. Last year, we did cut, by $650 million, the sales tax burden. And the worst thing we can do as a state is go back to a structural budget deficit that we just came out of that we had for the better part of 10 years, where we're now making investments.

Q: The sales tax though is about half a cent higher than it was when you took office?

A: That's correct. Four years ago.

Q: So would you find a way to cut taxes in a different area?

A: We don't agree that we should cut taxes until we know that we won't go back into a structural budget deficit.

Source: Bayou Buzz Transcript of 2019 Louisiana Gubernatorial debate , Sep 23, 2019

Blind allegiance to Grover Norquist cripples our economy

Edwards criticized the Governor's very rosy picture of the Louisiana economy saying, "The fact is, our Governor's blind allegiance to Grover Norquist has crippled our state budget and our economy." Edwards cited low oil prices as causing only one quarter of the current $1.6 billion budget shortfall.

Rep. Edwards outlined key facts about the state of Louisiana's economy that paint a much different picture than the one offered up by the Governor during his remarks to the legislature. "Under the Jindal administration our unemployment rate is the nation's third highest, our job growth is slower than the rest of the nation's-- 1 percent compared to 2.4 percent nationally--and our bond rating moved to "negative" under Bobby Jindal saddling every public body in the state with higher borrowing costs," Edwards said.

Source: Response to 2015 Louisiana State of the State address , Sep 9, 2015

Other governors on Budget & Economy: John Bel Edwards on other issues:
LA Gubernatorial:
Charles Boustany
Eddie Rispone
John Neely Kennedy
Ralph Abraham
LA Senatorial:
Antoine Pierce
Bill Cassidy
Charles Boustany
Foster Campbell
John Fleming
John Neely Kennedy
Joseph Cao
Rob Maness
Thomas Clements

Gubernatorial Debates 2019:
KY:
Bevin(R) vs.Goforth(R,lost primary) vs.Adkins(D,lost primary) vs.Beshear(D) vs.Edelen(D,lost primary)
LA:
Edwards(D) vs.Rispone(R) vs.Abraham(R) vs.Kennedy(R,declined)
MS:
Bryant(R,retiring) vs.Foster(R) vs.Hood(D) vs.Reeves(R) vs.Waller(R)

Gubernatorial Debates 2021:
NJ:
Murphy(D) vs.Ciattarelli(R)
VA:
Northam(D,term-limited) vs.Herring(D) vs.Chase(R) vs.Fairfax(D)

Gubernatorial Debates 2020:
DE: vs.Carney(incumbent) vs.Williams(D)
IN: vs.Holcomb(incumbent) vs.Melton(D) vs.Myers(D)
MO: Parson(incumbent) vs.Galloway(D) vs.Neely(R)
MT: Bullock(retiring) vs.Fox(R) vs.Perry(R) vs.Gianforte(R) vs.Stapleton(R) vs.Olszewski(R) vs.Neill(D) vs.Schreiner(D) vs.Cooney(D) vs.Williams(D)
NC: Cooper(incumbent) vs.Forest(R) vs.Grange(R)
ND: Burgum(incumbent) vs.Coachman(R) vs.Lenz(D)
NH: Sununu(incumbent) vs.Volinsky(D) vs. fsFeltes(D)
PR: Rossello(D) vs.Garced(D) vs.Pierluisi(D)
UT: Herbert(retiring) vs.Huntsman(R) vs.Cox(R) vs.Burningham(R) vs.Newton(D) vs.Hughes(R)
VT: Scott(incumbent) vs.Holcombe(D) vs.Zuckerman(D)
WA: Inslee(incumbent) vs.Bryant(R) vs.Fortunato(R)
WV: Justice(incumbent) vs.Folk(R) vs.Thrasher(R) vs.Vanover(D) vs.Smith(D) vs.Ron Stollings(D)
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Page last updated: Apr 17, 2020