It’s too common for Louisiana elected officials to break the law, but in this particular instance the anxiety prompting this reflects a larger policy failure.
This week, the state’s Revenue Estimating Conference announced it would it abrogate its legal duty to met before the end of the year. The REC provides revenues estimates for the current fiscal year, which could require executive and legislative actions to trim an ongoing budget deficit, and for future fiscal years, particularly for the upcoming one where a revenue baseline it determines sets the maximum amount that state government can spend in the budgeting process commencing this spring.
One of its four members, current chairman Commissioner of Administration Jay Dardenne who represents Democrat Gov. John Bel Edwards, asked for this. With a wink and a nod, the other members – House Speaker Republican Clay Schexnayder, Senate Pres. Republican Page Cortez, and university economist Stephen Barnes – assented.