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Tucker: La. could feel impact from U. S. downgrade

3 years ago August 08, 2011 Aug 8, 2011 Monday, August 08 2011 Monday, August 08, 2011 4:34:51 PM EDT in News
Source: WBRZ

BATON ROUGE-  Louisiana House Speaker Jim Tucker says the state could feel an impact from the federal debt downgrade.

Tucker (R-Terrytown) told the Baton Rouge press club this type of situation makes the business world uneasy.  He says that could hurt a company or individual's decision to invest, which would impact how much money the state is able to collect.

He did say Washington could learn from the Louisiana requirements that require a balanced budget.  Tucker says Louisiana has received four ratings upgrades on its debt obligation, which is not easy to obtain. 

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