A Rockefeller Institute of Government study shows Louisiana receives $1.52 in federal spending for every tax dollar it sends to D.C. Director of Fiscal Analysis Laura Schultz says the Pelican State as a whole doesn’t pay a lot in federal taxes, compared to other states, because of the high percentage of low wage earners. Schultz says despite the lopsided give and take, Louisiana still receives fewer contracting dollars on average than most states.
Kentucky had the highest taxes out to revenue in ratio, at $2.35 received for every one dollar sent.
President Donald Trump is in New Orleans today to speak at the American Farm Bureau Convention. Rice and soybean farmers say the tariffs and now the government shutdown have hurt their ability to make money off their crop. Political analyst Bernie Pinsonat says to expect plenty of media attention on the Big Easy.
Cut 15 (09) “…great for Louisiana.”
A man wrongly imprisoned for life at Angola since the age of 21 is now a free man at the age of 58. Kevin Barnhart has the story.
Cut 2 (30) “…I’m Kevin Barnhart.”
And the 11 minute 29 second Saints touchdown drive in the 3rd quarter that put the Black and Gold on top for the first time in Sunday’s game is being hailed as historic, and a “masterpiece” by football analysts and fans alike. The Black and Gold gained 117 yards, fought past three penalties, and capped the drive with a 2 yard Mike Thomas touchdown, and was the longest playoff drive in at least 20 years per ESPN.