Originally published on Tue January 27, 2015 8:52 am
Skies may actually be clear over Baton Rouge today, but gloom hangs over the state capitol, as the Revenue Estimating Conference downgraded Louisiana’s income forecasts Monday. That means there’s a $103-million shortfall for the current fiscal year. And the deficit for the next budget year, which starts July 1, has ballooned to $1.6-billion.
A state panel that determines how much revenue the Louisiana government has at its disposal delivered the bad news on Monday that everyone knew was coming: the budget hole is even bigger than estimated.
NOLA.com reports that dropping oil prices continue to make an already bad budget situation in Louisiana even worse.
Greg Albrecht is the chief economist for the Louisiana Legislature. He said today, “The news is bad.”
Originally published on Mon January 26, 2015 12:37 pm
Rather than attending the Washington, D.C. Mardi Gras festivities, or Iowa’s Freedom Summit for GOP presidential hopefuls, Governor Bobby Jindal courted a base for a possible 2016 presidential run, keynoting both the Louisiana Right to Life March and his own “The Response” prayer rally. The two events were held concurrently on the campus of LSU.
On this week's Le Show, Harry Shearer brings another episode of Clintonsomething, News of Secrets, News of the Olympic Movement, News for Outside the Bubble, The Apologies of the Week, News of the Godly, and more!
Citizens United ruling reached five years ago expands corporate influence on political campaigns.
It’s been five years since the Supreme Court ruling on the Citizens United case that allowed corporations to greatly increase their political spending. A grassroots movement is forming in New Orleans to reverse the decision.
Originally published on Tue January 20, 2015 2:31 pm
Louisiana Governor Bobby Jindal is standing by comments he made to CNN about so-called “no-go” zones in European cities, and the accusation that Muslims immigrating to Western countries refuse to assimilate.
Jindal’s comments came just after Fox News retracted similar comments that pundit Steven Emerson made on air, saying: “In Britain it’s not just no go zones, there are actual cities like Birmingham that are totally Muslim where non-Muslims just simply don’t go in.”