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.

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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.

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No doubt,  the Louisiana Association of Business and Industry supports tax reform and, in general, the key legislation coming out of the House of Representatives.  Supporting or taking positions on various state and national legislative instruments is what LABI does along with providing other services key to its members and the community. 

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waguespack nov2The Louisiana legislative session is approaching, the economy is improving, the state is suffering a budget deficit yet conditions are better than expected.

The Louisiana business community has certain needs. what are they? What is it doing to improve conditions for small and large businesses in the state?

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waguespack compressedBayoubuzz Business News for the day:

Louisiana LED, Entergy's new site selection for economic development; Waguespack video--the President, CEO of Louisiana Association of Business and Industry, takes to the online video world with a weekly message;  And, an update strategic partnership with Ochsner and St. Bernard hospital

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checkbook ohioby 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.

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waguespack compressedby Stephen Waguespack, President and CEO of LABI

Many have stepped up to help us over the years.
 
The horrific summer of 2005, dominated by Hurricanes Katrina and Rita, left an indelible mark on New Orleans and our entire coastal area that continues to influence many of our actions today. Hurricanes Gustav and Ike impacted most of our state just a few years later, triggering a collaborative effort that resulted in the largest evacuation in the nation’s history at the time.

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Louisiana State Capitol at nightby Stephen Waguespack, President and CEO of Louisiana Association of Business and Industry

This week, the Louisiana Association of Business and Industry (LABI) released the 2017 edition of the Legislative Scorecard, highlighting the elected leaders who have a solid foundation in policies that promote economic growth. To review the report explaining LABI’s 2017 priorities, the outcomes of the recent fiscal session, descriptions of the bills used in the Scorecard analysis, the individual legislative scores and the detailed methodology behind the scores, please visit www.labi.org/score-card.

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labi scorecardOn Monday, the Louisiana Association of Business and Industry (LABI) released the 2017 edition of the Legislative Scorecard highlighting the leaders who have a solid foundation in policies that promote economic growth.

In total, fifteen legislators across Louisiana earned a perfect score from the pro-business statewide organization. In the New Orleans region, the honor went to Representatives Robert Billiot (D-Westwego), Patrick Connick (R-Marrero), Greg Miller (R-Norco) and Polly Thomas (R-Metairie) for their perfect scores 

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