Legislators waived the white flag on the special session. Matt Doyle looks at how much it cost taxpayers for lawmakers to do nothing towards fixing a one billion dollar shortfall…
Cut 1 (30) “I’m Jeff Palermo”
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A south Louisiana lawmaker thinks he has a solution for the state’s budget woes. It involves legalizing marijuana. Kelley Ray has more…
Cut 2 (30) “I’m Kelley Ray.”
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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”
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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.”
The session is expected to cost the state nearly a million dollars, 50-to-60-thousand dollars a day.
Despite early reports of House leadership and the governor having a framework for a deal, negotiations collapsed once the session started. DuBos says the same partisan divides that tanked the February special session still exist going forward.
Cut 5 (11) “of uncertainty.”
No revenue bills will be heard in the upcoming regular session.
DuBos says the legislative gridlock could hurt some lawmakers chances at re-election….
Cut 6 (10) “a shot.”
The LSU System has warned that waiting until June to fix the cliff will have negative consequences on the 2018-2019 school year.
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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. Jordan says this legislation could help with the state’s constant budget deficits…
Cut 7 (09) “right now.”
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.”
Baton Rouge and New Orleans recently approved ordinances that decrease the penalties for possession of small amounts of marijuana. He says making it legal statewide is the next obvious step…
Cut 9 (10) “it underground.”
Jordan stresses this bill only would address marijuana and not other illegal drugs.
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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 don’t get too comfortable with these lower prices as we move into the warmer months…
Cut 10 (10) “grade gasoline.”
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.”
Redman says drivers aren’t concerned as long as gas stays below $2.75 a gallon, which will translate to a lot of traveling this year…
Cut 12 (06) “this summer.”
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Leaders from both sides are pointing fingers after the special session crashed and burned after 15 days of failed negotiations, leaving the state with no certain path to solving the one billion dollar fiscal cliff. Republican Representative Cameron Henry says Democratic Governor John Bel Edwards was unable to rally his side.
Cut 13 (11) “black caucus”
Henry says the governor failed to communicate exactly what he wanted, or how large of a shortfall that needed to be made up…
Cut 14 (10) “shortfalls.”
But Edwards is placing the blame on House Speaker Taylor Barras.
Cut 15 (10) “of leadership”
Edwards is accusing Barras of reneging on a deal that was cut before the special session started.
The state is facing a billion dollar shortfall on July 1st, because of temporary sales taxes approved in 2016 are set to expire on June 30th. Edwards says the House has failed to provide a long term solution to Louisiana’s fiscal situation…
Cut 16 (11) “the Senate”