Louisiana fiscal cliff

Legislators lose cent at end of session

It was only one sixth of a penny. Heading into the final night of the special session Monday, that’s all that divided the House and the Senate over how much of an expiring sales tax to extend. That extra sixth of a penny would have cost Louisiana residents 17 cents on a $100 purchase.

Emotions fly as Legislature ends up on a stump

Emotions were raw Monday night as the special session collapsed after the Legislature was unable to raise major revenue to fund the state’s budget priorities. In the final minutes of the session, an attempt to reconsider a bill that would have increased revenue by $504 million was blocked by Rep.