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Looks like Washington DC style politics, as every hour passes.

Today, Louisiana receive more bad news from economists during the Revenue Estimating Conference that the revenue well is more dry than expected and the state is in a $850 to $900 billion deficit for the current year with a $2B deficit for next year, starting July 1.

lagopLooks like Washington DC style politics, as every hour passes.

Today, Louisiana receive more bad news from economists during the Revenue Estimating Conference that the revenue well is more dry than expected and the state is in a $850 to $900 billion deficit for the current year with a $2B deficit for next year, starting July 1.

rumble 2The Revenue Estimating Conference REC has presented the updated Louisiana fiscal house disaster, the Louisiana legislature special session is about to start. 

Are you ready to rumble?

After all, how do you describe a budget crisis situation for a state that will run out of money to pay for expected and some say needed services for this year in the estimated amount of $900 million and now over $2 billion for the following fiscal year?

legal gavelGov. John Bel Edwards has held that office for less than a month, and already the first and perhaps most lethal electoral shark has started circling his weakened position.

edwards gentillyWhile the Legislature and the Governor Jon Bel Edwards determine the current Revenue Estimating Conference determination of budget shortage, tomorrow, Louisiana will be glued to an unprecedented "State of the State Address" by the governor.

Below is the email by the administration descriing the broadcast.

capitol red blueJon Bel Edwards meets with Louisiana Senate as Speaker Barras responds to session call

There might be some friendlier ties in the Louisiana Senate, but nothing cooking like that in the House.

FAYARDBy Lou Gehrig Burnett, Publisher of Fax-Net

Democratic dilemma
When it comes to the U.S. Senate race, which is scheduled for November 8, Louisiana Democrats are feeling somewhat optimistic. After all, they just elected John Bel Edwards governor in a blood-red Republican state.

louisiana washington wayIf anybody is expecting Louisiana to move away from Washignton DC-style politics, I'm almost ready to take bets against such a notion. 

With the state budget in the toilet, instead of our leaders getting together to make some deals so we can get out of this mess, we have so far seen a lot of brass knuckles-style political theater that gets a lot of attention, but, creates logjams and gridlock, beltway style.

obama whistleSince President Obama is in the homestretch of his second term and does not have to worry about re-election, so he can finally be himself and it is quite a scary sight. 

Of course, the President has been a liberal since the first day of his administration, but, in these final months, his agenda will be even more strident and more progressive.     

oil pricesMore bad news for Louisiana and the oil and gas industry as Chevron North America issued a WARN (Worker Adjustment and Retraining Notification) today announcing possible layoffs in five office locations in Covington and Lafayette.  

BARRAS 5The Louisiana Democratic Party has unleashed an attack against Bobby Jindal, Speaker Taylor Barras, Rep. Cameron Henry and republican legislators while supporting Governor Jon Bel Edwards's budget proposals which includes taxes.  This email is from the Party:

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