Trump Talk:LIVE WITH JEFF CROUERE

Wednesday, 06 March 2013 13:19
New Orleans could feel budget brunt as Fannin backs Jindal’s one-time money use
 


City-Sightseeing-New-OrleansLouisiana Governor Bobby Jindal has a budgetary ally in the House, in fact, one with plenty of clout.

In an interview with the The Monroe News Star published today , Louisiana House Appropriations Committee Chairman Jim Fannin (D-Jonesboro) supported the use of one-time money to balance Louisiana’s budget.

While the comments might be pleasing to the Governor,Fannin’s opinion might have little fans among members of the New Orleans delegation who are concerned about significant harm to its now-thriving tourism industry due to various reasons from a “money swipe” by the administration to a increase in sales tax which many in the industry oppose.

New Orleans Mayor Mitch Landrieu has already expressed concerns about the state dipping into the convention center funds.

Here are Fanin’s comments, as published by the News Star.

“Everyone has an opinion about one-time revenue, and I agree that generally it’s not the best budget practice to use those funds,” Fannin said. “My position has been that most of the revenue is taken from funds (like $100 million from the New Orleans Convention Center) created by general fund dollars that have a surplus.
“I don’t really see that as one-time money. Those funds will be replenished. If there’s a surplus in those funds, do you let the fund continue to grow or cut something like health care or education? Do you go to the savings account or make those cuts? The governor has chosen to lessen the cuts.”
Fannin acknowledged that some of the non-recurring revenue included in the upcoming budget, like the expected $60 million from a tobacco settlement, “are certainly truly one-time dollars that won’t be coming again,” he said.

HOW DO YOU FEEL ABOUT THE USE OF ONE TIME MONEY TO BALANCE THE STATE'S BUDGET? TELL US BELOW 

{jvotesystem poll=|44|} 

 

              

  Want more Louisiana news?               

Louisiana News

Louisiana Politics

Louisiana Business

Louisiana Government

             
 Baton Rouge News

Lafayette News

Shreveport  News

New Orleans News

   

 

Signup for Our Newsletter

qr

Scan the QR Code above using your smartphone to signup for our newsletter.

Join Our Email List
Email:  

 

 

Media Sources

BayoubuzzSteve

Website: www.bayoubuzz.com
Login to post comments
Powered By JFBConnect
  • LABI's Waguespack pokes Edwards tax delay, promotes Louisiana Legislative outlook
  • Louisiana ranked 25th in medical doctors, hospitals
  • Quin Hillyer: Freedom Caucus,hardliners "just Screwed the American people"
  • Trumpcare loss a mere distraction from RussiaGate

wag edwards tweetIn the age of rapid response, social media, President and CEO of the Louisiana Association of Business and Industry took to twitter to apparently poke the Democrat Governor and to promote his own tour of his own legislative package, or legislative outlook tour, beginning today.

Today, Stephen Waguespack of LABI tweeted in response to The Advocate’s Tyler Bridges article that John Bel Edwards would be delaying his release of his tax overhaul package that was scheduled for today.

Read More

doctors wallet hubWith Louisiana's Louisiana legislative session about to commence early April, the state has another ranking to consider--how it ranks for medical doctors.

 

Read More

quin hillyer health 5Have the conservative Freedom Caucus and advocacy organizations such as Freedom Works and Heritage Action "screwed the American people"?

That's the feeling expressed by at least one long-time conservative Republican, who, as millions of others were outraged by the destruction of the Obamacare "repeal" and replacement, on Friday.  

Read More

comey sitThe GOP will likely claim that the bogus “ Assisted suicide counseling” will still be covered since Obamacare remains the law of the land. That’s good news for GOP legislators who planned on voting “yes” on its repeal. The rich, also, should be happy the old law remains because they have wounds that need tending after the mega tax breaks for them that were inserted in Trumpcare went the way of leeching. The failure to repeal, of course, is the Democrats fault. Trump said so, but he has reason to be happy, too. The health care debacle managed, if just for an hour, or two, to deflect attention away from Russia.

Read More

latter-blum2

TRUMP TALK

Trump Talk: Ryancare, Russia, Investigations, Travel ban--with Jeff Crouere

Dead Pelican

Optimized-DeadPelican2 1 1