The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...View Report
Those pushing for this plan in Baton Rouge continue to do so without taking into account alternatives which would be more efficient and avoid wasteful spending.
In contrast to the state's vision for the UMC, Kaufman Ellis determines that "UMC, as currently envisioned, is materially larger than is supportable."
'Even if the hospital's business plan pans out, it will mean an estimated $70 to $100 million subsidy of operating costs from the state general fund and possibly as much as $400 million of new additional public debt.'
Following the United States’ Supreme Court 2005 decision in Kelo v. New London, a number of states passed laws designed to protect homeowners and others from the arbitrary taking of property by government for ill-defined purposes of “economic development.” Louisiana’s 2006 constitutional amendment forbids the government from taking someone’s home for another’s private gain. Only...
Today’s Washington Times contains two interesting pieces on the controversy over Charity Hospital. Jack Davis’ article is worth a look. And the fact that a conservative paper would editorialize against Gov. Jindal’s plan is notable. The federal arbitration hearing that will determine how much FEMA owes Louisiana has convened. Stay tuned!