Gov.-elect: Higher taxes a possibility in face of budget deficit - FOX 8 WVUE New Orleans News, Weather, Sports, Social

Gov.-elect: Higher taxes a possibility in face of budget deficit

Gov.-elect: Higher taxes a possibility in face of budget deficit

Edwards said the budget problems are about twice as bad as he expected. (Source: Edwards website) Edwards said the budget problems are about twice as bad as he expected. (Source: Edwards website)
BATON ROUGE, LA (WVUE) -

Governor-elect John Bel Edwards told FOX 8 on Monday that taxes are on the table as he confronts Louisiana’s seemingly never-ending budget issues.

Edwards said the budget problems are about twice as bad as he expected.

Edwards doesn’t exactly get a long honeymoon. He’s confronted immediately by a $750 million deficit for the first half of this year and a $1.3 billion deficit for the next fiscal year.

“We’ve got a lot of work to do,” Edwards said. “We’re going to look for consensus for common ground. We’ve got to start that by making sure we’ve communicating with all the stake holders across the state, business and industry, higher education, health care, local government, and look for common ground so we can fix these problems and move forward."

And when it comes to taxes?

“Everything is on the table because the problem is too large to say, ‘no, we’ll need consider this approach or that approach,’” Edwards said. “I will tell you it’s not my first, second, third or fourth choice.”

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