January is normally the time for major business organization announcements. Today's business bits presents Idea Village, Entrepreneur Week, one of the major business events in the country. Also, the Baton Rouge Chamber announced a "BRAC Micro-Enterprise Credential", a Delta Regional Authority technical assistance workshop and a Jeffferson Parish Chamber-JEDCO speaker's program
Any time you discuss taxes, you can bet the discussion will turn emotional.
It did Tuesday night, hours after Jon Bel Edwards announced his plan to raise taxes, utilize funds from various sources and cut government spending—all to plug a short-term hole of roughly $750 million dollars for the existing year and $1.9 million for the following year, which fiscal period begins July 1, 2016.
The problem is not revenues, it’s spending.
That is the message from John Kennedy, Louisiana Treasurer, as he appeared today on Jeff Crouere’s WGSO 990 Ringside Politics program to discuss the Louisiana budget crises and the yesterday’s proposal by Governor Jon Bel Edwards. Edwards has been in office for one week and the budget crises reveals that roughly $750 is short for the fiscal year of 2016 and $1.9M short for fiscal year 2017.
The mystery how to attempt to stop a major budget bleed problem is now before the public as Governor Jon Bel Edwards and his staff addressed the media in the first major press conference of the new administration.
Here is a press release from the Governor's office.
The obnoxious liberals who control Hollywood are now on the receiving end of a storm of criticism. It seems that for the past two years, there have been no African Americans receiving Academy Award nominations for the top acting categories.
Coal in the stocking?
Outgoing Republican Gov. Bobby Jindal seems to have left a stocking full of coal for new Democratic Louisiana Gov. John Bel Edwards.
by Stephen Waaguespack, President and CEO of Louisiana Association of Business and Industry
There is a subtle, yet significant, distinction between being “at” the table or being “on” it. If you don’t believe it, ask the Thanksgiving turkey how much he enjoys his seat at the table every year.
Donald Trump has run a masterful campaign. No matter what he has said, no matter who he has insulted, his legions of supporters have continued to support him.
The smell of political party strong-arming fascisms and hypocrisies ranks, again.
On Monday, Neil Abramson, a Democratic Representative from New Orleans opted to vote for himself and then for a Republican Taylor Barras against Walt Leger, also a New Orleans democrat. The vote was for the House Speaker seat and the election has turned into a major controversy starting the beginning of Governor Jon Bel Edwards’s term, who is now the only Democratic governor in the Deep Red South. Leger was Edwards’s guy.
Louisiana political news for today:
Garvey succeeds Roemer, Abramson explains and—the Edwards Finance Committee Transition report is out.
by Tom Aswell, Publisher of the Louisiana Voice
Gov. John Bel Edwards hasn’t even issued the call yet for a special legislative session to deal with the state’s budgetary woes and already state lawmakers appear to have the collective attention span of a gypsy moth.
Front runner Donald Trump scored another strong performance in the 6th Republican presidential debate last night. A Drudge Report poll showed 54% of respondents believed Trump won the debate, with Texas Senator Ted Cruz coming in second at 31%.
Will the new Louisiana Governor, Democrat Jon Bel Edwards be able to work with the Republican-led House of Representatives? On Monday, a political coup took place since Republicans wanted to maintain control over the House of Representatives and the party knew it could not win with its candidate, Cameron Henry, against the governor’s choice, Walt Leger?
While the New Orleans Saints and fans debate the future of Drew Brees due to his $30 million dollar dent to the existing salary cap, there is little doubt that even in an off year, Brees is in a class of his own--even at age 36.
The Louisiana Association of Business and Industry (LABI) has announced its officers and board members for 2016, along with the inaugural members of the newly created LABI Emerging Leaders Council, a group of 40 distinguished entrepreneurs from each region of Louisiana that will meet regularly and offer unique insight to the organization on issues facing the state. The slate represents some of the top talent from the Louisiana business community and other organizations across the state.