Nearing the end of the fiscal year, the state faces another deficit. $200-million this year and another projected $300-million next year. So, how are your tax dollars are being overspent? State Treasurer John Kennedy and the Jindal Administration offer separate opinions on how to cut back.
"Should taxpayers be... more »
In St. Landry Parish, it's official: the state will not take over the school district after approving the board's plan to reduce a $4-million deficit but almost half that deficit could be reduced by the state. Layoffs are on the way. Notices could be sent out as early as next... more »
As the federal government continues to slip, Louisiana holds onto its top credit rating- at least for now. The downgrade could force more federal cut backs and that means less money for some state programs. One scenario shows road projects coming to a stop, medicaid funds running low and schools... more »
Governor Jindal's plan to cut a $1-billion state deficit isn't well received by the house. But it's not just Jindal's budget plan legislators are shooting down.
When you add it up, we're talking $230-million. That's how much MORE money the House wants to cut from Governor Jindal's budget plan.... more »
"That junkie can sell his TV or sell his stereo but sooner or later he's going to run out of things to sell." That's State Treasurer John Kennedy's take on Governor Jindal's plan to reduce a state budget defecit; now nearing $2-Billion. Kennedy recently wrote a list of 16 ways... more »
One week into the New Year, state officials are talking cuts to balance the state budget. The Governor has ordered most agencies to submit budget-cutting plans by Friday. This as a new report outlines ways to curb government spending in the state. The Commission on Streamlining Government was charged with... more »
BATON ROUGE, LA - The holiday season is upon us, and Louisiana residents who need a little extra jingle in their pockets this Christmas may have an unexpected surprise waiting for them in the State Treasury, according to State Treasurer John Kennedy.
"The holidays can be rough for Louisiana... more »
State Treasurer John Kennedy will visit Acadiana today (October 14). He'll be speaking to the Kiwanis about the state's budget and providing an update on the streamlining commission. Kennedy should arrive at the Indian Hill Country Club in Opelousas around noon.