PAR: House spends heavily to lower pension debt, while removing education increases

Spending plans crafted by Republicans leaders in the Louisiana House trade most of the governor’s recommended education investments to instead pay down retirement debt, setting up a financial clash with senators who want a different approach. The budget proposal prioritizes the pension payments to create long-term savings and stays below the state’s constitutional spending limit. To do so, it strips new dollars sought by Gov. John Bel Edwards for public school teacher pay raises, early childhood education and public colleges, while also steering millions to lawmakers’ pet projects.