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November, 2002

PAR Says “The ‘Rainy Day’ Has Arrived”

Louisiana’s “Rainy Day” Fund was created to address the type of deficit situation currently facing the state. While controversial, the administration’s proposal to use $86.4 million from the fund to buoy up this year’s budget is justified at this time for a number of reasons. The “Rainy Day” Fund is not really designed to deal […]

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