Business Lobby Pushes Back Against Lawmakers' Approach to Budget
The Louisiana Association of Business and Industry is considered to be one of the most influential lobbies at the state capitol. But this year, with a looming $1.6 billion budget shortfall, business interests are on shakier ground than usual.
Stephen Waguespack, President of LABI, says there's been no appetite for pension or spending reform. Instead lawmakers have focused on reducing tax breaks that benefit business.
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