Louisiana Coast with Jimmy Fredrick

Wednesday, 10 February 2016 10:20
Jon Bel Edwards in unprecedented televised budget address, Thursday
 
Rate this item
(0 votes)

edwards gentillyWhile the Legislature and the Governor Jon Bel Edwards determine the current Revenue Estimating Conference determination of budget shortage, tomorrow, Louisiana will be glued to an unprecedented "State of the State Address" by the governor.

Below is the email by the administration descriing the broadcast.

Currrently, until the REC determines the new shortage, the state is looking at a $750 million dollar shortfall for the current year and a $1.9 billion dollar shortfall for the fiscal year starting July 1 2017.

The shortage occurred under the Bobby Jindal administration, who entered into the governor's office with a $1 billion dollar surplus and who left the office in January with the huge deficit.

Tomorrow, Governor John Bel Edwards will make a special address to the citizens of Louisiana to discuss the historic budget shortfall facing the state ahead of a special session of the Louisiana Legislature. The special address will be aired statewide at 6:30 pm on all major network television and radio stations, as well as Louisiana Public Broadcasting (LPB).

"The challenges facing Louisiana are so severe, and the risk of doing nothing is so big, that it is important for me to outline these problems directly to the people," said Gov. Edwards. "I promised to be open and transparent with the people of Louisiana and give them the facts, and that's what I intend to do. There are some real consequences if we do not work together to solve the state's financial problems and I want to personally communicate them to the citizens of our state."

LPB will provide the pool feed for any media outlet interested in airing the governor's remarks. Please email This email address is being protected from spambots. You need JavaScript enabled to view it. if your station has not already indicated an interest in airing the speech.

Members of the media are invited to view the special address from monitors in the press room of the Governor's Office on the 4th Floor of the state capitol. Immediately following the special address, Gov. Edwards will hold a brief press availability to answer questions.

Gov. Edwards has called the legislature into a three-week special session beginning Sunday, Feb. 14. On Saturday, Feb. 13, Gov. Edwards' Administration will present the executive budget to the legislature.

The current budget gap, which must be filled by June 30, is an estimated $750 million. In addition, the budget gap for the next fiscal year that begins July 1 is estimated to be $1.9 billion, the largest deficit in Louisiana's history. The Revenue Estimating Conference (REC) is set to meet today (Feb. 10) where these numbers are likely to grow. 

 

Media Sources

BayoubuzzSteve

Website: www.bayoubuzz.com
Login to post comments
  • Despite 5th plea, Schiff says House Intelligence Committee pursues Flynn's documents
  • Facebook Live: Discuss harm of Trump budget proposal on Louisiana coastal economy, restoration
  • Governor Edwards welcomes Pence with Medicaid, budget, Louisiana coast wishlist
  • World Premiere tonight in N.O. Bilderberg, the Movie

flynn2Despite General Michael Flynn’s announcement via his counsel that the General and former head of National Security, would take the 5th Amendment in Congressional proceedings, the Intelligence Committee will pursue information, regardless.

Read More

560 usgs land loss map 2The efforts to rebuild the Louisiana coast has suffered a major and immediate setback, assuming that Congress goes along with the most recent budget proposal from President Trump.

Read More

penceToday, Governor John Bel Edwards welcomed Vice President Mike Pence to Louisiana as he Veep is attending a event with top Louisianqa Republican officials. Along with the welcome, however, is a wishlist of requests including an item of recent vinctage involving the current Trump budget which tears a hole into the funding for the Louisiana coastal restoration. 

Read More

bilderbergIt is always an honor when a movie premiere is held in New Orleans and tonight is no exception. At 7:30 p.m. Bilderberg, the Movie will premiere at the historic Prytania Theatre, 5339 Prytania Street.

Read More

BB Menu

latter-blum2

Sen. Appel talks budget, economy

TRUMP TALK

Dead Pelican

Optimized-DeadPelican2 1 1