One Big Beautiful Bill to Grow Louisiana’s Economy
Louisiana has a lot to gain from the One Big Beautiful Bill. Not only will this legislation restore American energy security, but it will also put more money in the pockets of every Louisiana taxpayer and grow our economy. In fact, a Louisiana family of four earning about $58,000, which is the median household income in Louisiana, would see a $1,200 tax increase each year if this bill doesn’t become law. By contrast, the Council of Economic Advisors found that same family with two children in Louisiana would realize a $6,400 to $10,600 increase in take-home pay over the next four years and beyond because of the One Big Beautiful Bill.
This important bill will also secure our southern border by providing much needed resources to hire more ICE and Border Patrol agents, complete construction of the border wall, and invest in technology to combat the flow of fentanyl.
In addition to these provisions, the bill will also restore American energy security because it requires 30 offshore lease sales over the next 15 years, providing much-needed predictability for domestic offshore oil and gas exploration and production and securing good-paying jobs for our local economy. It also increases the amount of revenue sharing dollars Louisiana receives each year from offshore drilling, which will bring hundreds of millions of new dollars to Louisiana for our vital coastal restoration and hurricane protection projects.
Earlier this week, millions of Americans heard my constituent, Paul Danos, say this bill will be a “lifeline” for his family-owned offshore energy services company in South Louisiana. Also this week, I penned an op-ed in the Times-Picayune sharing why this bill is so important for Louisiana.
