State Budget Deficit (1985)
Louisiana: The State We're In
Details
Collection:LPB
Genre: Newsmagazine
Place Covered: Baton Rouge, East Baton Rouge Parish, Louisiana
Copyright Holder: Louisiana Educational Television Authority
Date Issued: 1985-10-25
Duration: 00:05:43
Subjects: STATE BUDGET | Offshore oil and gas leases
Contributors:
- Johnson, Ken Host
- Lauricella, Hank Interviewee
- Edwards, Edwin Speaker
- Ryan, Earl Interviewee
Description
This segment from the October 25, 1985, episode of the series “Louisiana: The State We’re In” features Ken Johnson’s report on the state budget deficit. His report touches on: the Legislative Fiscal Office announcing that the state ended the 1984-1985 fiscal year with a $23.6 million budget deficit; the projections for a $150 million deficit for 1985-1986 and a $250 million deficit for 1986-1987; and the United States House of Representatives approving a settlement for the 8g offshore oil and gas royalties that could give Louisiana $670 million to $870 million. Johnson interviews State Senator Hank Lauricella and Earl Ryan, the president of the Public Affairs Research Council (PAR) of Louisiana. His report also includes highlights of a press conference with Governor Edwin Edwards discussing the 8g settlement.