With less than two weeks left in the Louisiana legislative session, no issue is more important than the $1.6 billion budget deficit. While there remains a possibility that the legislature might find enough money with the combination of revenue-raisers and budget cuts that would satisfy all parties involved, there is also the possibility that the legislature will defy Gov. Bobby Jindal and his allegiance to Grover Norquist of the Americans for Tax Reform --and approve a budget that raises taxes without a corresponding and equal cut in government spending.
What could be more exciting than a Louisiana governor's race, statewide elections and the Louisiana Legislature wrapping up a little $1.6 billion deficit budget brawl?
Our friend C.B. Forgotston, who follows the legislature relentlessly, alerted us to this little tidbit this morning that illustrates just how far the legislature is willing to go to absolve itself of any responsibility in the current fiscal mess in which the state currently finds itself.
As a state of Louisiana struggles with its enormous budget issue and as its governor, Bobby Jindal continues to make national headlines in his run for president, some are asking how do we deal with a budget crisis like this?
Louisiana's legislative session is half-completed. There is much uncertainty in the air. Will the legislators and Governor Jindal craft a balanced budget for the upcoming fiscal year--as they are constitutionally mandated to do? If the budget involves taxes that have been approved by the House and which are being discussed in the Senate, will the governor veto them and the budget? Will there be an override session?
For some, it is shocker. To others, it has been long-expected.
On Tuesday, Bernie Pinsonat and SMOR released its new poll (the spring poll) during the middle of the legislative session from hell. The state is 1.6B in a hole. Governor Bobby Jindal appears to have one foot in the room and three-feet out of the door en route to Iowa and New Hampshire. The prospects of dramatic cuts, seemingly impossible cuts, are knocking at the windows from outside.
What Me worry?
Louisiana Governor Bobby Jindal has often been lampooned in the media. After the dreadful “State of the Union”- related speech to the nation, caricatures appeared all over—from Alfred E. Newman to Mr. Roberts.
by Lou Gehrig Burnett, Publisher of Fax-Net
State Rep. Alan Seabaugh is playing with fire, according to some local politicos, as he fights for passage of a bill that would eliminate employee payroll deductions for union dues.
The bill is being pushed heavily by the Louisiana Association of Business and Industry (LABI) and Republicans, including Seabaugh, are carrying the water for the business lobby. Seabaugh has a 98% voter approval rating with LABI.
With the House of Representatives approving over $670 million in revenues which includes taxes today in a major session at the capitol, the State's University leaders have indicated its approval with the statement below.
What’s wrong with this picture?
Today, Louisiana Governor Bobby Jindal’s communications (press) office issued the below press release promoting the fact that Louisiana has another economic development medal it can pin on its chest. Great news indeed.