Louisiana poor economic performance is the driving factor behind the state deficit a fact the Governor proposal still overlooks. Waguespack concludes: urges the Legislature and the administration to consider a holistic approach to addressing the deficit that gets the economy back on track, addresses structural problems in the budget itself, seeks to rein in expensive programs, and truly reforms the tax code. A CAT will simply dig a deeper hole in Louisiana economy and lead us right back where we started.
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