06:30 LRN Newscast August 8

Today, Governor John Bel Edwards holds a meeting with business and industry leaders to devise a plan for addressing a looming $1.3 billion fiscal cliff when temporary taxes expire in 2018.
cut 4 (10) “…not so clear”
That’s Jeremy Alford of LaPolitics.com who says the governor is looking to hear from the business community on what types of policy changes may be palatable, specifically tax increases.

Baton Rouge Congressman Garret Graves says the slow pace of funding getting into the hands of flood victims makes it difficult to push for more federal aid, because it’s hard to quantify unmet needs…
cut 10 (08) “…we’re made”
Graves says only one-percent of the two billion additional dollars allocated by the federal government has been dispersed to flooded homeowners.

Since higher education did not receive a budget cut for the current fiscal year, LSU System President F. King Alexander says faculty and staff will receive a pay raise averaging three-percent. Faculty Senate President Kevin Cope says this modest pay hike could save the university and state money in the long run, if it keeps the staff on campus….
cut 14 (12) “….of Louisiana”
The raises take effect September 1st.

Lafayette Police charge a 15-year-old with second murder in the shooting death of a 14-year-old. Authorities say the suspect and the victim were acquaintances, but did not provide details on a motive.