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Your Louisiana Legislature is about to waste the Deepwater Horizon Money

Posted on 5/16/19 at 4:56 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41609 posts
Posted on 5/16/19 at 4:56 pm
LINK

quote:

Louisiana is set to get about $700 million in the next 13 years as settlement for the 2010 Gulf oil spill. The money is scheduled to arrive in $53 million yearly increments. Under a 2014 state law, 45% of the money goes to Louisiana's rainy day fund, 45% to the Medicaid Trust Fund and 10% to the Health Trust Fund.


The money should have gone to coastal restoration, but whatever, at least it's being saved.

quote:

Edwards said the settlement is to reimburse the state for expenses, not to address damages caused along the coast.


Sounds like what comes out of the south-bound end of a north-bound horse. Every single one of us both know, damn good and well that 1) the state damn well doesn't have 700 million of unreimbursed expenses, and 2) That money, if not spent on response, would have never, ever been spent on roads originally, especially not these two projects.

If the state can't keep their hands off of the money and at least save it / pay down debt, and won't spend it on coastal restoration, then at least 100 percent of the money should go to help the people affected by the spill.

The elevated highway between Golden Meadow and Leeville probably qualifies under that idea. No damn way the 415 connector, no got damn way.

quote:

The vote was 97-4 and followed several failed attempts to to re-divvy the money.


Vote every single one of them out of office this fall.

Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 5/16/19 at 4:58 pm to
quote:

The money should have gone to coastal restoration


You mean letting the Mississippi take the course it wants to take and screw over everything from the old river to new Orleans? Nah
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
74687 posts
Posted on 5/16/19 at 4:58 pm to
The thing that makes me angry about 45% going to Medicaid is that there are plenty of people in LA who qualify for Medicaid who would have no problem affording private insurance


I know multiple biz owners in Baton Rouge who are on Medicaid
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
49487 posts
Posted on 5/16/19 at 4:59 pm to
It's never going to improve
Posted by spslayto
Member since Feb 2004
22011 posts
Posted on 5/16/19 at 5:01 pm to
Why do you care if you are in Houston?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41609 posts
Posted on 5/16/19 at 5:03 pm to
quote:

Why do you care if you are in Houston?


I've been back in LA for 7 years... old name...
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 5/16/19 at 5:06 pm to
quote:

TH03



You're like a fly to a flame when it comes to threads about Louisiana.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 5/16/19 at 5:09 pm to
I love Louisiana. Was there last week and I'll in your neck of the woods next month.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41609 posts
Posted on 5/16/19 at 5:11 pm to
quote:

You're like a fly to a flame when it comes to threads about Louisiana.


He is approaching 150K posts... he's a fly to a flame on everything...
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 5/16/19 at 5:12 pm to
quote:

he's a fly to a flame on everything...


That's for sure.

Damn, didn't know it was almost 150k
Posted by Antonio Moss
The South
Member since Mar 2006
49577 posts
Posted on 5/16/19 at 5:12 pm to

quote:

Edwards said the settlement is to reimburse the state for expenses, not to address damages caused along the coast.


quote:

45% to the Medicaid Trust Fund and 10% to the Health Trust Fund


Um?
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 5/16/19 at 5:14 pm to
Meet me at Brothers 3
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
21806 posts
Posted on 5/16/19 at 5:16 pm to
quote:

Why do you care if you are in Houston?


Cruz I grew up in Louisiana and served in it's State Guard for 20 years. Grass is greener on the other side baw.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122525 posts
Posted on 5/16/19 at 5:17 pm to
quote:

The money should have gone to coastal restoration, but whatever, at least it's being saved.


Just like when Edwin Edwards was going to put all the tax dollars that came from gambling into the education system.
Posted by BPTiger
Atlanta
Member since Oct 2011
6289 posts
Posted on 5/16/19 at 5:17 pm to
quote:

but whatever, at least it's being saved.


LOL
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41609 posts
Posted on 5/16/19 at 5:20 pm to
quote:

Just like when Edwin Edwards was going to put all the tax dollars that came from gambling into the education system.


He did do that!!

(He just "forgot" to tell us he was going to cut an identical amount of general fund money going to education)
Posted by Swoopin
Member since Jun 2011
22046 posts
Posted on 5/16/19 at 5:21 pm to
Louisiana state gov is such a disaster. Kudos to this board for being sober to that fact
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 5/16/19 at 5:21 pm to
I'm gonna say I will and then go to Henry's.
Posted by crewdepoo
Hogwarts
Member since Jan 2015
11120 posts
Posted on 5/16/19 at 5:22 pm to
Where does it say the funds will be wasted?
Posted by farad
Member since Dec 2013
12730 posts
Posted on 5/16/19 at 5:28 pm to
quote:

Where does it say the funds will be wasted?


quote:

Louisiana Legislature
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