7:30 A.M. LRN Newscast 03/06/2018

This year’s post special session blame game is revving up after the legislature failed to solve the fiscal cliff. Jeff Palermo has the story.

Cut 3 (30) “I’m Jeff Palermo”

The state legislature went home after spending 15 days in a special session and failing to find a solution for the one billion dollar fiscal cliff. Political analyst Clancy Dubos says legislators spent a lot of taxpayer money for very little return.

Cut 4  (07) “… nothing.” 

Baton Rouge Representative Edmond Jordan is seeking to introduce a bill that would legalize the recreational use of marijuana and set up a way to tax the sale of cannabis.

Colorado, the first state to legalize marijuana, pulled in nearly 200-million-dollars in taxes, while Washington State is expected to bring in over 700-million-dollars between 2017 and 2019.  California could make upwards of 1.4-billion-dollars by 2021.  Jordan proposes a tax rate similar to cigarettes, which is $1.08 per pack.  Jordan says if Louisiana were to legalize pot, it wouldn’t give citizens the right to smoke it whenever they want to

Cut 8 (10) “manner possible.”

Louisiana drivers are getting a bit of a break with falling gas prices over the last few weeks. The statewide average for regular unleaded gas is $2.33 a gallon, but Triple A’s Don Redman says Earlier this year, the projection was for $3.00 a gallon in Louisiana, but Redman says the increase won’t be as much as first thought…

Cut 11 (10) “a gallon.”