WRKF News

Pages

Tech Industry
4:14 pm
Wed March 27, 2013

Baton Rouge to See 800 Tech Jobs with IBM

An artist's rendering of the proposed IBM building, which will also include almost 100 river-view apartments.
IBM

Louisiana, the Baton Rouge Area Foundation, and software company IBM are partnering to expand LSU’s computer science program, revamp downtown property, and bring 800 jobs to Baton Rouge.

IBM will open a new service center downtown in 2015, but will employ 300 locally in 2014.

Under the partnership, LSU’s school of engineering is expected to double its computer science faculty and jump to the top 15 nationally in number of graduates.

Read more
Affordable Care Act
1:31 pm
Wed March 27, 2013

DHH Report: Could Be Savings In Medicaid Expansion

A new report by the state Department of Health and Hospitals shows Louisiana could save millions of dollars over the next decade by expanding Medicaid under the Affordable Care Act.

Read more
Dept. of Health and Hospitals
7:52 pm
Tue March 26, 2013

Greenstein Skips DHH Budget Hearing Amid Investigation

Gov. Bobby Jindal’s administration has been instructed to stay quiet about the specifics of the cancelation of a nearly $200 million Medicaid contract.

That’s what State Inspector General Stephen Street told the House Appropriations Committee on Tuesday before a hearing on the Department of Health and Hospital’s budget for the next fiscal year got underway.

Read more
Tax Reforms
5:24 pm
Tue March 26, 2013

Details on Rebate Program, Incentive Changes Released

The Department of Revenue released more details of the Governor's tax overhauls to the House Ways and Means Committee.

Under the Governor's proposed tax reforms low-income filers will be eligible for a rebate and some business incentive programs will see changes. The state House Ways and Means Committee met again Tuesday to discuss details on these elements of the proposal. 

The Governor wants to eliminate the personal income tax and the corporate income and franchise taxes. Under the proposal, the sales tax will grow to make up that revenue.

Read more
Politics
2:36 pm
Tue March 26, 2013

Lawmakers Question If DHH's New Budget Saves

Officials from the Department of Health and Hospitals were grilled Tuesday morning by the Appropriations Committee on how they plan to save money in the next fiscal year.

Among other cost-saving measures, the department’s $8.9 billion proposed budget calls for turning over a number of existing Medicaid services to private entities, and investing more in the Bayou Health reforms. Savings also hinge on the privatization of the LSU charity hospitals, although no official agreements have been made yet.

Read more
Tax Reforms
1:04 pm
Mon March 25, 2013

Jindal's Math Under Question: Answers Interpretable

ITEP graphs show there's not much difference between states with and without the personal income tax.
Credit Institute for Taxation and Economic Policy

Remember in high school when math teachers wouldn’t give full credit for answers that weren’t supported with all the work that showed how a student arrived to that answer?

On Friday, a group of 250 clergymen and women challenged the work behind the math used by the Jindal administration to calculate the tax burden on individuals under the governor’s new tax swap plan.

The governor wants to eliminate the personal income tax, the corporate income tax and the corporate franchise tax. He’d replace that lost revenue by raising the sales tax to 5.88 percent, applying the sales tax to more services and tinkering with a few other taxes and exemptions. Jindal says the plan will not amount to a tax hike for citizens or a loss in revenue for the state, but that it will be revenue neutral.

Read more
2014 Budget
1:02 pm
Mon March 25, 2013

House Appropriations Committee Seeks State Employee Input

After hearing from department heads and state higher-ups, State Rep. John Schroder wants to hear from state employees on how to get Louisiana’s fiscal house in order.

The House Appropriations Committee has been methodically sifting through Gov. Jindal’s 2013-2014 budget since March 12th and will continue doing so in the weeks to come. As the committee continues going down the department checklist, Schroder now wants the involvement and input from actual state employees.

Read more
LSU Hospitals
3:00 pm
Thu March 21, 2013

Bond Issues For Privatized LSU Hospitals No Longer Tax-Exempt

Plans to privatize most of LSU’s public hospitals are making repairs and construction to the facilities more expensive.

Read more
Citizens Property Insurance Corp.
3:00 pm
Thu March 21, 2013

Bond Commission Takes No Action On Citizens' Request

Representatives from the state-established Louisiana Citizens Property Insurance Corporation told the State Bond Commission on Thursday that if they operated like a regular insurance company and another storm hit, they’ll be insolvent.

Read more
State Budget 2013
3:00 pm
Wed March 20, 2013

La. State Police Defend Remaining Operating Budget

State police officials came before the House Appropriations Committee on Wednesday to defend what's left of their proposed operating budget.

Read more

Pages