Treasurer John Schroder: Louisiana ‘On Unaffordable Track.’
Louisiana State Treasurer John Schroder talks with 101.7 / 710 KEEL's Robert J Wright and Erin McCarty about the findings of the Revenue Estimating Conference, which attempts to pinpoint the state's budget shortfall.
Schroder tells KEEL listeners that the figures to be released by the REC, a committee made up of the Governor, the President of the Senate, the Speaker of the House and an accomplished economist from a state university, "seem to be a little bit better. It's not going to close the gap that the administration is talking, but it's not all gloom and doom."
The Treasurer adds that he has faith in the conference's estimates, "but it still doesn't change the core problem with state government." Schroder says it's the "built in structure...that grows too fast."
Schroder is in the ArkLaTex to speak at Thursday's lunchtime meeting of the Bossier City Lion's Club.