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Louisiana's dependence on federal aid leaves budget picture unclear


Louisiana’s dependence on federal aid leaves budget picture unclear
Kaylee Poche/LSU Manship School News Service
Commissioner of Administration Jay Dardenne will present a proposed budget to the Legislature next Friday.
and last updated 2021-02-19 12:20:47-05
By SYDNEY MCGOVERN, BRITTNEY FORBES, and CORTNEY BROWN
LSU Manship School News Service
BATON ROUGE With an estimated $2 billion provided to Louisiana from a federal coronavirus aid bill passed in December and the likelihood of another federal stimulus package, state legislators are hopeful they can balance the budget for fiscal 2022 with no more than modest cuts.
The greater concern is the danger of a financial crisis in the following years. Louisiana budget experts project a slow recovery from the pandemic. Federal aid is expected to dry up after this year and many Louisianans have been hesitant to receive the vaccines that could help open up the economy. ....

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