If GOP House leaders and the governor can’t come together to address the fiscal cliff, TOPS could be on the chopping block. Matt Doyle has the story…
Cut 1 (31) “I’m Matt Doyle”
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It’s a very wet and cold morning across north Louisiana. Kelley Ray says it’s just the start.
Cut 2 (31) “I’m Kelley Ray.”
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Governor John Bel Edwards is making a final push to negotiate a fiscal cliff deal before a self-imposed January 19th deadline. Jeff Palermo has more…
Cut 3 (30) “I’m Jeff Palermo.”
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Governor Edwards will reportedly present a budget to lawmakers on Friday that includes a 100-percent cut to TOPS. The budget is a representation of what would happen if the GOP led House and Edwards do not find a solution to the loss of one billion dollars in revenue on July 1st. LAPolitics Publisher Jeremy Alford…
Cut 4 (08) “and policy”
The governor is constitutionally required to propose a balanced budget, and the spending plan presented on Friday would reflect what would happen if the state does not replace the money generated by an expiring one-cent sales tax. Alford says the governor’s office is also preparing a budget that would show how the state would spend its money, if the billion dollar shortfall is resolved.
Cut 5 (11) “he wanted.”
Edwards set a January 19th deadline for negotiations for a deal in principle on fixing the fiscal cliff. The legislature has a regular session scheduled for March, but Alford says the fiscal cliff can only be addressed in a special session that the governor would like to call in February.
Cut 6 (09) “one after”
Alford says negotiations have stalled, and he doesn’t expect a February special session to address the cliff at this point.
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Don Briggs’ 26 year run as the President of the Louisiana Oil and Gas Association is coming to an end. Briggs says he’ll remain active, because he is concerned about the lost jobs in the industry. He blames Governor Edwards for support lawsuits the oil companies for their role in damaging the state’s wetlands. Briggs said several investors from New York were ready to invest…
Cut 7 (11) “south Louisiana.”
Briggs reflects on his time as LOGA President with fondness. He says the industry has made contributions to Louisiana. Briggs says after Hurricanes Katrina and Rita, they raised over a million dollars to provide housing, fuel and transportation for hurricane victims…
Cut 8 (10) “other hurricanes.”
Briggs hopes there will be changes so the oil industry can operate without so many regulations that will encourage jobs growth in Louisiana…
Cut 9 (10) “not happening.”
Briggs’ son Gifford Briggs will officially become president during LOGA’s annual meeting in March.
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It appears unlikely House legislators and Governor John Bel Edwards will come to a fiscal cliff agreement before a Friday deadline. The deadline was set by the Governor, who was hoping to enter into a February special session with an agreement in principle to fill a one-billion dollar budget shortfall. Edwards says delaying the fiscal cliff decision could be damaging…
Cut 10 (11) “already have.”
The shortfall is due to the expiration of a one-cent sales tax passed two years ago to salvage the budget. Edwards says the sales tax increase was not a long term fix…
Cut 11 (07) “it done.”
The GOP is requesting a budget with less spending, while the governor wants to replace the sales tax by eliminating certain business tax breaks. Edwards says a key piece of these negotiations is getting his tax reform plan passed…
Cut 12 (08) “tax type.”
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A strong cold front has moved through north Louisiana into central Louisiana this morning. The storm has already brought ice and snow to parts of Bayou state. National Weather Service meteorologist Kent Kuyper says as the front heads south, the chances of freezing precipitation continues…
Cut 13 (09) “and sleet.”
After the storm passes through, Kuyper says temperatures will drop throughout the day leading very cold temperatures overnight Tuesday into Wednesday…
Cut 14 (09) “the coast”
If it seems much wetter and colder this winter, you’re right. Kuyper says this has been a long extended cold snap…
Cut 15 (10) “at us.”
Above normal temperatures are expected in Louisiana by this weekend.
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The LSU men’s basketball team hosts Georgia tonight. The Tigers are looking for their first win at home in SEC play. Coach Will Wade says they need more from junior guard Brandon Sampson, who is averaging just four points a game in SEC contests and has yet to make a three-pointer
Cut 16 (20) “take over”
LSU lost to Alabama on Saturday 74-66. The Tigers shot 40-percent from the field and 28-percent from three-point territory. Wade says making shots might be difficult tonight…
Cut 17 (21) “go in”
Alabama out rebounded LSU 40-24 on Saturday. Wade says he doesn’t have a very big team, so it takes all five guys to help on the glass…
Cut 18 (15) “ours is”