Is Louisiana looking at another special session in 2018 to deal with—what seems to be the never-ending budget shortfall? What is Governor John Bel Edwards doing to fix what appears to be an annual rite of spring—budgetary emergency management? And, just how bad is the budget bleeding going to be given that the state could fall off that proverbial fiscal cliff which near-fall was softened two years ago with a penny sales tax increase and other measures?
In part three of the November 2 interview with Stephen Waguespack, the President, and CEO of the Louisiana Association of Business and Industry, the leader of the largest business organization in the state discussed these and other issues confronting the state, once again.
Edwards calls GOP ‘obstructionists’
Gov. John Bel Edwards did not mince words over the actions of some GOP House members who are members of the Joint Budget Committee.
The Committee last week blocked lucrative contract extensions sought by Edwards for the managed-care companies that coordinate services for 1.5 million Medicaid patients in Louisiana.
Have Louisiana’s storms of budget slashes and revenue bloats come to an end? Months ago, the Governor John Bel Edwards administration announced that the state’s revenues have increased, thus, the fiscal year ended with a, get this, a surplus of over one hundred million dollars.
So have you purchased your gun insurance yet? In case you shoot someone, there are insurance policies available to cover any liabilities you might face, pay for your bail if you are accused of a crime, cover your attorney fees, and even pay for any psychological therapy you might need. So if you are going to fire away, nice to know that you are financially covered, right?
Who will be the last white Democratic legislator in Louisiana?
The past decade and now in the age of Trump-dominance, is it possible that the Louisiana might not have any more white legislators?
Some 1,400 inmates serving time for non- violent, non-sex offenses will be released from Louisiana state prisons earlier than expected on November 1.
It’s the result of the Criminal Justice Reinvestment Package, which Gov. John Bel Edwards and a group of bipartisan legislators passed in the 2017 Legislature.
by Stephen Waguespack, President and CEO of Louisiana Association of Business and Industry
It hit me this week while fielding questions from radio listeners on The Jim Engster Show: as much time as we all spend these days talking about what divides us, the truth is we are not as far apart as most think.
A few callers asked about proposals for new revenue streams, mandates or regulations on businesses and non-profits, while others wanted to explore different options to fight poverty. The affordability and quality of health care were discussed, as was the specific structure of our tax code and its inability to provide stability for both private markets and public services.
With major hurricanes recently hitting Florida and Texas, and since some parts of Louisiana are still cleaning up after last year’s torrential rains, many property owners in the Bayou State are asking if insurance rates will go up. Will rates go up? Is the Pope Catholic? Does Grizzly Adams have a beard? Of course we all will be paying more.
Louisiana Governor John Bel Edwards, who is in somewhat of an uncomfortable position, being the governor of the State in which one of the key promoters of congressional legislation on healthcare repeal, US Senator Bill Cassidy, is the key author, has come out against the passing of the current Obamacare repeal legislation.
Here is Governor Edwards's statement:
From the governor who said he is “committed to open and honest budgeting that does not rely on the gimmicks of the past,” yet another past budget gimmick he endorsed surfaces.
It turns out that about $28 million used in the fiscal year 2018 budget does not exist yet, and may not before the close of the year. That money depends upon resolution of lawsuits favorably to Louisiana, which an additional about $8 million did come available recently.