Jindal to leave Louisiana's next governor with budget mess

Discussion in 'Politics' started by dbphoenix, Feb 11, 2015.

  1. dbphoenix

    dbphoenix

    BATON ROUGE, La. (AP) — Year after year, Louisiana didn't have enough money to cover its expenses, yet Gov. Bobby Jindal refused to roll back income tax cuts or ever-increasing corporate tax breaks. Instead, he raided reserve funds and sold off state property.

    Jindal suggested job growth from his economic development wins would replenish those assets once the recession ended. It hasn't — and money from the lucrative oil industry has taken a nose dive with crude prices. Now, the Republican is running out of short-term patches and is struggling to plug a $1.6 billion budget hole just as he tries to build support for a possible 2016 presidential run.

    Funding for higher education and health care services will almost certainly be subject to cuts deeper than what they already have endured in recent years, and Jindal's successor will have to repay a string of debts and IOUs.

    "They've used all the smoke that was in the can and all the mirrors that they could buy and now they're out of tricks. Their solution is to gut higher education like a fish," said Republican state Treasurer John Kennedy. more . . .
     
  2. Ricter

    Ricter

    The Laissez Fairey has got quite the queue of miracle seekers lined up now.
     
  3. Is this the same Bobby Jindal who wants to be President of the United States ?
     
  4. dbphoenix

    dbphoenix

    Repubs are so good at governing . . .
     
  5. Tsing Tao

    Tsing Tao

    So he didn't want to cut government. I see. Well, then pay the piper (or not, in this case, I suppose). Can't cut taxes AND leave government where it is and expect to balance the budget.
     
  6. Tsing Tao

    Tsing Tao

    Baron would have to get a new server for storage if we posted the amount of articles out there on Democrat failures.
     
  7. Ricter

    Ricter

    He's been cutting: education and healthcare. Those things were already over-achieved in LA.
     
  8. [Partial quote="dbphoenix, post: 4085568, member: 13274"]BATON ROUGE, La. (AP) — Year after year, Louisiana didn't have enough money to cover its expenses, yet Gov. Bobby Jindal refused to roll back income tax cuts or ever-increasing corporate tax breaks. Instead, he raided reserve funds and sold off state property.

    .................... Their solution is to gut higher education like a fish," said Republican state Treasurer John Kennedy. more . . .[/quote]
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    Well as Pres Ronald Reagan said ''raising taxes does NOT do anything but cause tax + spenders to spend more'' Of course it can turn into an opprerssive gov,; 1940 Nazi[national socialist], Commies .

    Pres Reagan said eliminate Dept of education & dept of Energy.Education is parental job not state; that why John K is so, so very wrong Gov Jindale is so right.

    Amazing we already have seen death panels in VA scam,2014;
    ACA is a train wreck Democrat US Senator Max of Montana says. Sara Palin is so right on gov death panels[ACA] Thanks for you question;REPEAL ACA. its not affordable, its NOT care.
     
  9. Ricter

    Ricter

    "1940 Nazi[national socialist], Commies ."

    Iirc, the commies were the first group Hitler had killed.
     
  10. DHOHHI

    DHOHHI

    So Jindal is like Odumbo?

    More than $1 billion of the shortfall on the horizon for the fiscal year that begins July 1 can be tied to Jindal's refusal to match the state's spending to its yearly revenue over his two terms in office.

    Much like Odumbo of spending more than revenues ....

    Hmmm, a balanced budget.
     
    #10     Feb 11, 2015