March 25, 2016
“Louisiana Treasurer and U.S. Senate hopeful John Kennedy repeated his plan Tuesday to fix the state budget through a series of cuts during during a presentation to the Houma-Terrebonne Chamber of Commerce.
His proposal, which he’s pushed in a series of meetings across the state over the last few years, has changed very little. He’s proposing a significant cut to state consulting contracts, statutory dedications and an end to Medicaid fraud.
His plan has butted against that of Gov. John Bel Edwards, who proposed raising taxes and cutting back on tax breaks, even though the two agree that the state’s annual budget crisis can be blamed on former Gov. Bobby Jindal.
Kennedy, a Republican, and Edwards, a Democrat, represent two schools of thought at the state Capitol: one that thinks the state needs more money, while the other thinks there is enough.
“I don’t care how high they raise taxes in Baton Rouge,” Kennedy said. “As long as the legislature spends more than they take in, we’ll continue to run a deficit.”
He brought with him two posters, detailing artwork that the state contracted to out-of-state artists to build. One of which was a colorful glass sculpture, the other hung from the ceiling of a government building. Combined, Kennedy said, the two pieces cost the state $1 million.
“That’s $1 million in taxpayer dollars that didn’t pay for doctors, and didn’t pay for books,” he said.”…
Vermont State Treasurer Beth Pearce, NAST’s incoming president, has partnered with Governor Phil Scott to launch a statewide Financial Literacy..