News for Thursday 052418
By Dave Graichen
The House Ways and Means committee held its first hearing of the special session and it became more of a gripe session. Republicans on the panel criticized the Edwards administration for vetoing a budget in the regular session, and expressed concerns about raising revenues, instead of finding savings. Democrats are also frustrated.
The state is facing a 648 million dollar shortfall that could lead to mass reductions in healthcare services, higher education funding, and TOPS.
As a way to generate revenue, the Edwards administration is also proposing the elimination of certain tax breaks enjoyed by specific industries and businesses.
Reports indicate that a consensus may be growing on plugging a portion of the budget shortfall by renewing half of the one penny sales tax that is set to expire. Baton Rouge Representative Ted James says the Edwards administration is not asking for an overall increase in taxes, because renewing just some of the expiring revenue would still be a tax cut relative to last year…
A Marshall Project report shows Louisiana saw its largest drop in prison population in a decade between 2016 and 2017. State Corrections Secretary Jimmy LeBlanc says the good news is, a declining incarceration rate has not led to an increased crime rate in Louisiana. LeBlanc says it’s a testament to recent criminal justice reforms.
A big win for the Big Easy as the city has been awarded the 2024 Super Bowl. New Orleans officials say the last Super Bowl, in 2013, had a 480 million dollar economic impact, and Greater New Orleans Sports Foundation President Jay Cicero confirmed that the city and state had to provide an economic incentive package to seal the deal.
Despite higher gas prices, AAA estimates nearly 42-million Americans will travel this Memorial Day weekend. That’s a five-percent increase from last year and the highest number of travelers in more than a dozen years. AAA Spokesman Don Redman says about 37-million travelers will hit the road…
LSU’s only Heisman winner, running back Billy Cannon, was laid to rest Wednesday, surrounded by friends, family, and fans. Several people spoke and gave their best memories of one of the greatest athletes in Bayou State history. Angola Warden Darrel Vannoy says after news got out that Cannon had died, the inmates took up a collection for his casket.
The state will hold a sales tax holiday this Saturday and Sunday for storm supplies to help folks get a jump start on their hurricane preparedness. State taxes will be reduced from the usual 5 percent to 3 percent. Department of Revenue Spokesman Byron Henderson says it’s a great opportunity to pick up some essentials.
On the air today..
IN LSU Baseball, the Tigers lost the 2ns round of the SEC to Florida 3 to 4. This afternoon, the Tigers meet 24th ranked South Carolina Airtime 1:30. KSYL 970 AM /100.3 HD3 FM
NBA Western Conference Finals Game 5 Golden State @ Houston 7p 94.7 ESPN Series tied at 2
The Boston Celtics Stomped the Cleveland Cavaliers last night 96 to 83 In game 5 of the eastern conference series. The Celtics could win the division Tomorrow night.