The Harahan City Council is set to approve a bond sale in January of up to $4.25 million in sewer revenue bonds to go toward sewer repairs, despite a public spat at the Thursday (Dec. 19) council meeting between Mayor Vinny Mosca and Councilwoman Cindy Murray, who said she had been kept in the dark after repeatedly requesting information about how Harahan could afford to take on such debt.
Bond attorney Hugh Martin told the council that projections show that Harahan will be able to pay down the $4.25 million in loans from the state.
Riverboat casino winnings were up across Louisiana by 5 percent in October when compared with the same time last year, but no thanks to the New Orleans and Baton Rouge markets.
New Orleans' three riverboat casino operations generated 7.5 percent less in winnings this October compared with October of last year. Baton Rouge's riverboat gambling didn't fare much better, with a 5.8 percent decline, according to figures released by the Louisiana Gaming Control Board on Thursday.
Louisiana's only land-based casino, Harrah's in New Orleans, saw a 9 percent drop in winnings this October compared with the same month in 2012.
November 13, 2013 11:08 AM
Rep. Paul Ryan, R-Wisc., and Sen. Patty Murray, D-Wash., chairs of the budget committees in their respective chambers, both agree that the parties have a long way to go before reaching a budgetary agreement.
NEW ORLEANS (AP) — A federal judge is extending a pause on payments for some business losses tied to BP's Deepwater Horizon oil spill, while ordering the claims administrator to adjust the rules for some companies in response to a federal appeals court ruling earlier this month.
In a temporary injunction issued late Friday, U.S. District Judge Carl Barbier adjusted his interpretation of part of the multi-billion-dollar private claims settlement agreement with BP.
For years we have heard conservative members of Congress say that the federal government has a spending problem. Now liberals in Congress are saying we have a revenue problem. Two different takes on the economic mess our country is in and two different positions that will be difficult to resolve. As a result America continues to sink further into debt and calls continue for additional higher taxes.