Current:Home > FinanceFormer Louisiana House speaker chosen as Gov.-elect Jeff Landry’s chief budget adviser -WealthMindset Learning
Former Louisiana House speaker chosen as Gov.-elect Jeff Landry’s chief budget adviser
View
Date:2025-04-12 03:37:38
BATON ROUGE, La. (AP) — Gov.-elect Jeff Landry named his top budget chief Wednesday, selecting former Louisiana House Speaker Taylor Barras, a Republican who frequently sparred with Democratic Gov. John Bel Edwards over financial issues.
Barras will help draft the incoming governor’s fiscal plan for the state, be the public face of the administration’s financial negotiations and oversee the day-to-day operations of state government spending.
“It is through the Commissioner of Administration and his office that efficiencies, savings, and streamlining of state government can happen. This is where protecting the taxpayer starts,” Landry said in a written statement.
Barras is no stranger to the state Capitol, having served as a state representative from 2008 to 2020. In 2016 he was elected as House speaker, marking a legislative defeat for Gov. Edwards who had backed a Democratic lawmaker for the position.
Barras took on the role of speaker during one of the state’s worst financial crises in decades under former Gov. Bobby Jindal. At the time, Louisiana was facing a more than $1 billion budget shortfall in the upcoming fiscal year, a multimillion-dollar gap in the state’s Medicaid program and unstable revenue sources. The state was facing the harsh possibility of cuts that could shutter campuses mid-semester and putting health care services for the poor and disabled at risk of elimination.
Louisiana’s financial situation has vastly improved since. During this year’s fiscally focused legislative session, lawmakers debated how best to use $2.2 billion in extra revenue. A chunk of the surplus funds were used for temporary $2,000 teacher pay raises, paying down retirement debt, infrastructure projects and offsetting expiring federal pandemic relief funds used for early childhood education access.
While the state continues to receive sunny revenue forecasts, lawmakers worry about an expected drop-off when an automatic cut in the state sales tax rate takes effect in a couple of years.
Barras has years of financial experience outside of the Capitol as well, with a 41-year career in banking. He currently serves as the assessor of Iberia Parish.
“With my extensive background in finance, I am confident we can deliver a budget to the people of Louisiana that is both thoughtful and responsible with the taxpayer’s money,” Barras said.
In addition, Landry announced that Patrick Goldsmith, who recently resigned as chief financial officer for Ascension Parish, will serve as Barras’ deputy commissioner. Goldsmith worked 19 years with the Legislative Auditor as a performance auditor and nine years as the fiscal director for the Louisiana House.
These are the first in a series of administrative appointments by Landry, who will take office in January.
Landry, who currently serves as the state’s attorney general, won the governor’s seat in October. The Republican, who was backed by former President Donald Trump, earned more than 50% of the vote, surpassing a crowded field of candidates and avoiding a runoff. Edwards was unable to seek reelection due to term limits.
veryGood! (1)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Grandparents found hugging one another after fallen tree killed them in their South Carolina home
- These Are the Biggest Boot Trends You’ll See This Fall 2024
- Timothée Chalamet's Sister Pauline Chalamet Supports Kylie Jenner at Paris Fashion Week
- Intel's stock did something it hasn't done since 2022
- Crumbl Fans Outraged After Being Duped Into Buying Cookies That Were Secretly Imported
- They came to Asheville for healing. Now, all they see is destruction.
- Miracles in the mud: Heroes, helping hands emerge from Hurricane Helene aftermath
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- American Idol Reveals First Look at New Judge Carrie Underwood
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- ChatGPT maker OpenAI raises $6.6 billion in fresh funding as it moves away from its nonprofit roots
- Hospitals mostly rebound after Helene knocked out power and flooded areas
- Sabrina Carpenter Shuts Down Lip-Syncing Rumors Amid Her Short n’ Sweet Tour
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Which products could be affected by a lengthy port strike? Alcohol, bananas and seafood, to name a few
- Man charged in California courthouse explosion also accused of 3 arson fires
- Andrew Garfield Addresses Rumor La La Land Is About Relationship With Ex Emma Stone
Recommendation
Global Warming Set the Stage for Los Angeles Fires
Doctor to stars killed outside LA office attacked by men with baseball bats before death
What is the birthstone for October? Hint: There's actually two.
Opinion: One missed field goal keeps Georgia's Kirby Smart from being Ohio State's Ryan Day
Federal hiring is about to get the Trump treatment
Superman’s David Corenswet Details His Weight Gain Transformation for Role
Lauryn Hill sued by Fugees' Pras Michel for fraud and breach of contract after tour cancellation
Analyzing Alabama-Georgia and what it means, plus Week 6 predictions lead College Football Fix