Two political proxies chimed in today in response to the Times Picayune’s endorsement of David Vitter for Louisiana governor. The first response came from Treasurer John Kennedy. The second, from Stephen Handwerk of the Louisiana Democratic Party.
With Louisiana budget looking at another billion dollar budget deficit for the upcoming fiscal year, Louisiana State Treasurer has issued a new statement that state revenues so far this year are down compared to prior year, sales tax growth flat and tax receipts down.
Here is his statement which he blasted out via email:
he September 2015 Net Receipts Report shows that total state revenue thus far for 2015-2016 was $1.738 billion, a thirteen percent decrease compared to that time last year. Sales tax receipt growth was flat. Personal income, severance and corporation and franchise tax receipts were down. One of the few bright spots was gasoline tax receipts, which were slightly up.
Although Bobby Jindal has been seen frequently on CNN, Fox News and at Iowa events, he is also on the minds of local candidates trying to associate their competition with the unpopular Louisiana Governor.
Today, Treasurer John Kennedy is not frisking the state budget but wants New Orleans to implement a stop-question and frisk to reduce the “spiraling crime rate” in New Orleans.
TOPS, Medicaid in Louisiana hitting the bottom, the current Governor Bobby Jindal continuing the high cost of healthcare in Louisiana and pushing the problem off to the next administration—those were some of the topics discussed today in a WGSO radio interview with Treasurer John Kennedy.
The Legislature just raised taxes by $400 million with a simple majority vote. The business community has filed a lawsuit contending that a two-thirds' vote was required. If the business community loses, we should amend Louisiana's constitution to make the two-thirds' vote requirement clear. Here's why.
Political shorts for today: Common Core in the Louisiana legislature, major Amtrak crash in North east reverberating in Washington DC Congress, Vitter connects with liberal US Senator and more
A lawsuit has been filed alleging violations involving the Office of Group Benefits' trust fund and state employee health plan changes, according to State Treasurer John Kennedy.
If you think somehow the keystone cops are calling the shots with some investors of LSU bonds, you just might be correct.
Despite Louisiana Governor Bobby Jindal’s statements to the national media that life in Louisiana due to his stewardship has never been better, it’s far from.
More bad news for Louisiana, Governor Jindal, the Louisiana legislature, LSU and Louisiana public universities. Today, Treasurer John Kennedy announced that the $1.6B budget deficit has struck again, hitting LSU with an uppercut at a time that it is already severely bloodied.