BATON ROUGE, LA (WAFB) - Gov. John Bel Edwards met with more than 20 business leaders from across Louisiana Tuesday.
The meeting was convened to discuss opportunities for the state and business to join together to avoid the more than $1 billion fiscal cliff approach on July 1, 2018.
Gov. Edwards released a statement upon the completion of the meeting.
"We have an obligation to the people of Louisiana to come together to avoid the fiscal cliff that is quickly approaching," Gov. Edwards said in a press release. "My administration has been working to find a combination of spending cuts and revenue options that will stabilize our state for the long-term."
To date, the Governor says he has cut more than $600 million in spending and has worked to make the government more efficient. He says they're beginning to see signs that the economy is rebounding and unemployment is on the decline, but there is more work to be done to sustain the recovery and build a strong foundation for future growth.