The world is bracing for a big announcement by President Trump on global tariffs. Colleen Crain reports…
Cut 1 (33) “…I’m Colleen Crain.”
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Governor Landry has ordered a hiring freeze within the state’s executive branch. Andrew Greenstein reports.
Cut 2 (33) “…I’m Andrew Greenstein.”
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The world is bracing for a big announcement by President Trump on global tariffs. U-N-O economics professor Dub Lane says while countries will pay a tax on the goods they export to the United States, those extra costs will end up being passed along to the consumer.
Cut 3 (10) “…be U.S. citizens.”
Lane says there’s a reason that many goods are manufactured overseas in the first place.
Cut 4 (09) “…be more expensive.”
President Trump says one purpose of the tariffs is to bring manufacturing jobs back to the U.S. Lane says if China loses jobs because of the tariffs, those jobs would most likely go to Vietnam or Bangladesh and not the U.S.
Cut 5 (12) “…over other people.”
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A warrant has been issued for a Slidell man after investigators say he forced his way into a home and assaulted a woman. Lieutenant Suzanne (soo-ZAHN) Carboni says St. Tammany Parish Sheriff’s deputies responded to the home U-S Highway 190 East, learning that 52-year-old Tyrone Mercadel (MERK-a-dell) had kicked in the door and attacked the woman.
Cut 6 (08) “…actively fighting them.”
Carboni says in self-defense, the woman fired two shots, hitting Mercadel in the leg.
Cut 7 (12) “…shoot out his tires.”
Authorities later located Tyrone Mercadel and transported him to a hospital. Carboni says once released, he will be arrested for aggravated battery.
Cut 8 (12) “…fired upon the vehicle.”
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Governor Landry has ordered a temporary hiring freeze for the executive branch of state government. In a statement, Landry’s office says the goal is to save 20-million dollars in the general fund. In a statement, Landry’s office says the upcoming fiscal year’s budget was prepared using a standstill approach, removing one-time items and incorporating cost-saving measures. While the statement puts some of the blame on the prior administration that’s now been out of office for more than a year, political analyst Bernie Pinsonat says changes to the tax law may have had something to do with it.
Cut 9 (11) “…the entire budget.”
Pinsonat says work had already been underway on how to shave money off the state budget.
Cut 10 (09) “…to do that.”
Landry says part of the reason for the hiring freeze is the failure of Amendment 2 at the ballot box. Pinsonat says that has an indirect effect on state revenues.
Cut 11 (12) “…have no choice.”
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Experian has teamed up with LSU women’s basketball star Flau’jae Johnson to help relieve five-million dollars of consumer debt for five-thousand families in Louisiana. Christina Roman with Experian says the partnership is perfect since Experian and Johnson both promote financial literacy…
Cut 12 (09) “…tangible difference.”
Roman says Experian originally committed five-million dollars to this initiative and they tacked on an additional 100-thousand dollars for every game LSU won in the NCAA Women’s Basketball Tournament, which was three.
Roman says Louisiana has one of the highest poverty rates in the country and relieving five-million dollars in consumer debt could be life changing…
Cut 13 (13) “…in Louisiana.”
Johnson says money management is extremely important and she’s learning firsthand as she is one of the biggest NIL earners in college athletics.
Roman says the five-thousand families who will have their debt relieved were chosen by ForgiveCo…
Cut 14 (10) “…debt payoff.”