Louisiana business news for today: Baton rouge economic outlook, New Orleans tourism, Louisiana governor goes to Harvard
On the heels of an improving economy locally and nationally, Governor John Bel Edwards had some good news to promote--joblessness.
Last week, President Donald Trump took unilateral action via an executive order to stop paying insurance companies amounts as designated under the Affordable Care Act, to reimburse insurers for their payments to insureds under the Affordable Care Act. The President claims the payments to the insurance companies are a bailout. After terminating the payments, Trump said that "Obamacare is dead". The President and the Republican-led Congress were unsuccessful in repealing and replacing Obamacare which lack of success precipitated Trump's move last week.
This is what happens when Louisiana loses mighty congressional "secret sauce" or, otherwise known as, "clout"..
The die is cast. There’s appears to be a political showdown set for next week. Call it the medical high-noon.
And, Louisiana’s US Congressman William Bill Cassidy, Republican from Baton Rouge, is in the cross-fire.
It is his legislation with Lindsey Graham’s co-authorship that will determine the fate of the Affordable Care Act, aka, Obamacare.
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:
How do you fill a budget gap of more than #1 billion dollars after consecutive years of combination of tax increases and budget cuts amounting to roughly $3 billion?
Label this one--making Lemonaide out of lemon.
Louisiana's economic development converted a disaster into an opportunity. This from Governor John Bel Edwards's office.
Can Louisiana Gov. John Bel Edwards teach Democrats how to win in the South? The answer to this title of a recent Politico website story is more pessimistic than it lets on.edwards conferenceCan Louisiana Gov. John Bel Edwards teach Democrats how to win in the South? The answer to this title of a recent Politico website story is more pessimistic than it lets on.
With Hurricane Irma is bearing down upon the Carribean as a potential Tropical Storm 5 and will most likely hit the mainland United States with devastating results, the Louisiana Governor's office is working to be prepared.