With Louisiana on the precipice of budgetary collapse, with Universities on the brink of going dark, Louisiana's Governor John Bel Edwards, who has been in office for less than two months, is calling the siren cry.
With fewer than 48 hours to go until the end of the special legislative session, Governor John Bel Edwards outlined the drastic cuts that are scheduled to take place in the areas of health care and higher education if the legislature does not bring in additional revenue to solve the current budget shortfall. For the current fiscal year, Louisiana faces a more than $940 million deficit that must be addressed by Wednesday, Mar. 9 at 6 p.m. For the fiscal year that begins on July 1, Louisiana faces a more than $2 billion deficit. Gov. Edwards has offered the only comprehensive plan to solve the budget deficits that includes both spending cuts and asks for a balance of revenue raising measures from businesses and individuals.
We’re less than two days away from an exploding time bomb.
The minutes are ticking away. If the Louisiana legislature does not fix a budget hole, as big as the width of the state, it reportedly will be forced to shut down Universities and healthcare centers, kick students out from their semester classes and perhaps, even, bid farewell to the purple and gold for this autumn, the LSU Tigers.
by Jim W. Miller
I am very familiar with questions of retirement, having made the decision to ride off gracefully into the sunset several years ago. For the youngsters out there, before you reach such a monumental decision, have a plan for what you are going to do. Watching FoxNews or CNN until the cocktail hour is not a plan. Which brings us to Peyton Manning, who wisely took the advice of this column and its multitude of readers and decided to retire from the NFL. So now the question is: “What’s he going to do?”
by Tom Aswell, Publisher of Louisiana Voice
Ph.D., it seems really does stand for “piled higher and deeper” in some quarters.
And Jeff Sadow, Ph.D., proves it in spades.
After all, no self-respecting snake oil salesman would attempt to sell what Sadow was hawking in Sunday’s Baton Rouge Advocate.
Houston, Louisiana, has one “helluva” budget problem and systems are going to shut down fast and almost immediately unless the course is corrected, immediately.
Ooh, Noo!!! Mr. Bill!!
by Jim W. Miller
I saw Saints GM Mickey Loomis at the driving range the day before he headed to Indianapolis for the NFL Combine. The league's annual exercise in poking, prodding, digging and jabbing the latest crop of surefire, can’t miss pheee-noms ideally will turn every moribund franchise into winners. Loomis presides over the local chapter of moribundity, a team that has missed the playoffs three of the past four years.
At a speech in Salt Lake City yesterday, 2012 Republican Party presidential nominee and former Massachusetts Governor Mitt Romney laid out his reasons why Donald Trump should never receive the Republican endorsement. According to Romney, Trump is a “phony” and a “fraud,” who would lose to Hillary Clinton in the fall election.
The Louisiana Senate Finance Committee has temporarily solved the current fiscal budget crises by approving an amendment to HB 122, that sends the appropriations bill forward.
Today, former Republican Presidential candidate Mitt Romney addressed the Donald Trump candidacy by giving remarks on the state of the 2016 presidential at the Hinckley Institute of Politics at University of Utah.
Today, Mitt Romney, in an extraordinary event, spoke to the nation about his concerns about Donald Trump becoming President of the United States. As a result, twitter (as well as other social media) has exploded with responses, in reaction. Romney defied conventional politics (and perhaps conventional wisdom) by attacking Trump this late in the campaign and by breaking the 11th commandment spoken by Ronald Reagan, not to attack another member of the party.
On Wednesday, Donald Trump presented his healthcare reform plan which his campaign claims will make America Great again.
Included in the plan are repealing Obamacare, allowing individuals to buy policies across state lines, block grants, healthcare savings accounts.
The attempt to normalize Louisiana’s higher rate of spending into permanency and taxation to support it continued with Senate action in the Legislature’s special session, begging for a counter-reaction to stop this unsavory development.
While some legislators tearing up today hearing the tough tales from Louisiana voters who appear to be on the losing side of the budget, the state of urgency in the State of Louisiana, is not there yet, or so it seems.
Today, the public in a Senate hearing are voicing their frustrations and concerns about anticipated cuts.
Since Louisiana needs to live within its means, a good-goverment organization, the Bureau of Government Research,, (BGR) has issued a report on the fiscal impact of Non-profit exemptions.
Just how bleak is the Louisiana revenues and expenditure situation for the balance of this fiscal year moving onto FY 17 starting July 1, 2017?
Parks and museums will close. Prisons will shutter. Over 11 thousand prisoners will be released. Inspectors to ensure our waters, air and soils are clean and not contaminated will be terminated. The Hospitals under privatization created under Governor Bobby Jindal will be terminated. And, of course, there is so much more.
Taxes, another special session, cuts, no hokus pokus, TOPS, two billion dollar deficit--all of these were topics of discussion as Louisiana Governor John Bel Edwards's Commissioner of Division of Administration, Jay Dardenne, was a guest on Jeff Crouere's Ringside politics program today.
To say the pressure the Louisiana legislators is not on is a total understatement. Louisiana must deal with the budget shortfall, not only of roughly $1 billion for the present year, but over $2 billion for the upcoming fiscal year--within the next week, or else, another special session will be needed to be called.