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
Louisiana's House of Representatives voted to pass Rep. Brett Geymann's Resolution 27 on Monday, which is designed to block allocation of "one-time" non-recurring money as a way to plug budget gaps. Geymann says his legislation will help force meaningful spending cuts. Gov. Bobby Jindal disagrees.