AM LRN Newscall July 21

After raising over $29-million for his re-election, Senator John Kennedy says he wants to hit the $40-million mark before Election Day. Brooke Thorington has more…:

Cut 1 (32) “…I’m Brooke Thorington.”

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The Bayou State ranks at the top of the list, but it’s not necessarily the first place ranking consumers are pleased about. Brooke Thorington explains.

Cut 2 (34) “….I’m Brooke Thorington.” 

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If you are paying more than four-dollars a gallon for regular gasoline, you are paying more than the statewide average. Jeff Palermo has the story…

Cut 3 (30) “…I’m Jeff Palermo.”

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U.S. Senator John Kennedy has already raised about $29-million in campaign cash, but says he’d like to break the $40-million mark before Election Day. His on-hand funds far outstrip any of his announced challengers, so why would he want to raise even more? U.L.-Lafayette political science professor Pearson Cross says a standard rule in politics is “more money is always better”…:

Cut 4 (07)  “…get rid of him.”

Cross says there’s no reason Kennedy should stop raising campaign donations, because unused funds for this election can be saved and used in a future re-election bid, but only for the Senate. That money could not be used if he decides to run for Governor next year…:

Cut 5 (04) “…in the Senate.”

Cross says that’s a good way to curry favors or support with fellow U.S. Senators.

Kennedy now has a sizeable list of challengers qualified, but his campaign cash far outpaces all of them combined. When asked during qualifying if he’d debate opponents, Kennedy said he has a busy schedule. Cross says there’s no “upside” to him doing that…:

Cut 6 (11)  “…bad in a debate.”

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Among states with combined state and local sales tax Louisiana ranks at the top of the list at 9-point-55-percent. That’s according to Tax Foundation’s state and average local sales tax rates for July 2022. Tax Foundation’s Janelle Fritts says it’s a distinction that most people do not find flattering.

Cut 7 (12) “…that position.”

Fritts says the most likely reason Louisiana’s local sales taxes are higher than others is due to the fact that there isn’t as much control over the local tax structure compared to other states.

Cut 8 (11)  “…pretty high for states.”

But Fritts says consumption taxes, like a sales tax, tend to be less economically harmful than an income tax or a corporate income tax, but when a sales tax is high it still can be burdensome.

Cut 9 (08)  “…state lines.”

In July of 2025, the state sales tax will drop from 4-point45 percent to four percent.

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After hitting a record high of $4.55 a gallon for regular gasoline on June 15th, the statewide average has finally fallen back to four-dollars a gallon according to Triple-A. Fuel analyst Don Redman says the demand for gasoline has led to a drop in prices at the pump

Cut 10 (07) “…demand erode.”

Redman says travel on our roadways was brisk in June and for the fourth of July, despite record high gas prices. But he says reality has set in on how much it costs to fuel a vehicle when gas prices are above four-dollars a gallon…

Cut  11 (11)  “…that impact” 

The statewide average has fallen 50-cents over the last month. Redman says as long as the price of crude oil falls, gasoline prices will fall as well…

Cut 12 (09) “…in demand.” 

Redman says prices could kick back up if a tropical storm or hurricane slows oil and gas production in the Gulf of Mexico.

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Abortions remain legal in Louisiana due to a temporary injunction issued by state district judge Donald Johnson. A lawsuit challenging the state’s trigger abortion ban laws is at the center of the injunction. The order gives both sides 30 days to develop plans for a trial, however, Loyola University Law Professor Dan Ciolino believes abortions will stop sooner than later.

Cut 13 (12) “…district judge.”

Ciolino says Attorney General Jeff Landry, who’s defending the state’s abortion ban, most likely will file an appeal.

Cut 14 (09)  “…be illegal.”

The merits of the case will be heard in state district court, but Ciolino says due to the nature of the issue he believes it will move to the state’s highest court quicker than other matters.

Cut 15 (12)  “… than years.”

A ban on abortions in Louisiana has gone into effect twice and been blocked twice since the US Supreme Court overturned Roe v Wade on June 24th.

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The Southern Jaguars have been picked to win the SWAC Western division based on a preseason poll released by the conference. Center Dallas Black was named to the All-SWAC preseason first team…

Cut 16 (08)  “…of the season”

Southern has two all preseason SWAC performers on the defensive line, Jordan Lewis and Jason Dumas. Lewis was the SWAC defensive MVP last season and Dumas is a transfer from Prairie View. Southern defensive defensive tackle Cameron Peterson is excited about the addition of Dumas…

Cut 17 (20) “…very fortunate.” 

Grambling is picked to finish fourth in the SWAC West Division. Grambling offensive lineman Tyler Thomas says the Tigers are ready to surprise some folks this year…

Cut 18 (12) “ …be seen” 

Grambling only plays three games on its campus this year. First-year coach Hue Jackson hopes future schedules feature more games at Eddie Robinson Memorial Stadium…

Cut 19 (21) _“…our university” 

 

Cut 20 (12) “ …in high school”