February 25, 2015 2:30 AM
WASHINGTON, D.C. - The pressure is on House Republicans days ahead of a looming partial Homeland Security Department shutdown. Senate GOP leaders have agreed to Democratic demands and announced legislation to fund the Homeland Security Department without contentious immigration provisions opposed by Democrats and President Barack Obama. Now all eyes... more »
February 23, 2015 4:11 PM
WASHINGTON - Illinois Rep. Aaron Schock spent taxpayer and campaign funds on private planes to fly around the country on aircraft owned by some of his donors. An Associated Press review of his expense records found the flights. There also were other travel and entertainment charges, including for a massage... more »
February 19, 2015 2:00 PM
BATON ROUGE - Gov. Bobby Jindal has been spending handily from his state campaign account, though he isn't up for re-election and doesn't plan to run for any other office in Louisiana. In his latest campaign finance report, the Republican governor documents nearly $1.5 million in spending over 2014. More... more »
February 6, 2015 11:54 AM
BATON ROUGE - The Jindal administration released their plans Friday to deal with a mid-year budget deficit of more than $103 million.
The plan calls for $60.66 million in cuts from state agencies and includes $42.84 million in "revenue opportunities," mostly stopgap spending from state trust funds and one-time... more »
February 2, 2015 2:20 AM
WASHINGTON, D.C. - President Barack Obama is sending Congress a $4 trillion budget that seeks to raise taxes on wealthier Americans and corporations and use the extra income to lift the fortunes of families who have felt squeezed during tough economic times. The budget being proposed Monday would also ease... more »
December 24, 2014 11:09 PM
BATON ROUGE - Shoppers took to area stores Wednesday to make last minute buys for Christmas.
As last as 9 p.m., people were still on the streets. Many people had to visit drug or convenience stores because they waited until all other establishments were closed.
Shoppers had procrastinated... more »
December 12, 2014 11:26 AM
WASHINGTON - As the Senate prepares to act on a $1.1 trillion spending bill, there's no threat of a shutdown in federal services. That's because lawmakers quickly passed a measure providing a 48-hour extension in existing funding, to give the Senate time to act. President Barack Obama quickly signed it.... more »
December 12, 2014 2:19 AM
WASHINGTON, D.C. - It's now up to the Senate to pass a huge $1.1 trillion spending bill to keep the government running, but not before a battle between old school veterans and new breed freshmen such as tea partier Ted Cruz and Elizabeth Warren, a liberal with a national following.... more »
December 9, 2014 5:34 PM
WASHINGTON - Congressional aides say a final agreement has been sealed on a massive $1.1 trillion government-wide spending bill that would prevent a government shutdown and fund most of the government through next September. The hard-fought agreement would delay a politically-charged struggle over President Barack Obama's new immigration policy until... more »
December 4, 2014 11:37 AM
WASHINGTON - Democratic Sen. Mary Landrieu of Louisiana is heading toward her Saturday runoff against Republican congressman Bill Cassidy with almost no financial help from outside allies. How disparate is their support? In all, 97 cents of every political dollar spent outside the two campaigns since Nov. 5 has been... more »
December 3, 2014 3:05 PM
WASHINGTON - The government says U.S. health care spending grew by the slowest rate in more than a half-century last year. But a speed-up is coming, as the economy gets traction and the new health care law covers more people. The nation's health care tab grew by just 3.6 percent... more »
November 21, 2014 3:06 AM
BATON ROUGE - Governor Bobby Jindal's administration plans to use a combination of hiring freezes, open position cuts and extra funds such as TOPS money to fill a $180 million gap in the state's budget.
Commissioner of Administration Kristy Nichols said the plan reduces costs across state agencies while... more »
October 15, 2014 2:29 PM
LAFAYETTE - Sen Mary Landrieu continues to draw in more campaign cash than her GOP competitors, but she's also spending at a faster clip. That gives her chief opponent, Rep. Bill Cassidy, more money in the bank as the Nov. 4 election draws near and erases any fundraising advantage for... more »
September 24, 2014 5:56 PM
BATON ROUGE - A New Orleans state senator is trying to determine how much Louisiana's agencies spend on the death penalty. Sen. J.P. Morrell, a Democrat, is leading a new study commission looking at capital punishment. Its first meeting was Wednesday. Morrell says he's looking for ways to streamline the... more »
August 26, 2014 10:29 AM
WASHINGTON - U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. The Conference Board says its confidence index rose for a fourth straight month to 92.4 from 90.3 in July. The August reading is the highest since October 2007, two months... more »
July 30, 2014 10:29 AM
WASHINGTON - After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending. The Commerce Department says the second-quarter rebound followed a sharp 2.1 percent annualized drop in economic... more »
July 10, 2014 12:37 PM
WASHINGTON - Outlines of a possible compromise over President Barack Obama's $3.7 billion emergency border spending request are emerging on Capitol Hill. They involve making policy changes to allow the minors streaming to the border from Central America to be sent home more quickly. The top House and Senate Republicans... more »
July 8, 2014 6:00 AM
WASHINGTON, D.C. - President Barack Obama is preparing to ask Congress for emergency spending of more than $2 billion to deal with the crisis of unaccompanied kids at the Southern border, but for now he won't seek legal changes to send the children back home more quickly. That decision comes... more »
June 24, 2014 3:42 PM
BATON ROUGE - Higher education leaders have started working on how to divvy up nearly $40 million set aside by Gov. Bobby Jindal and lawmakers to boost efforts to match students to available jobs. The money was put into the newly-created Workforce and Innovation for a Stronger Economy Fund, or... more »
June 20, 2014 11:59 AM
WASHINGTON - The House has voted overwhelmingly for a $570 billion defense bill that limits President Barack Obama's authority on handling detainees at the U.S. prison at Guantanamo Bay, Cuba. The vote was 340-73 on Friday for an election-year measure that also would impose new curbs on the National Security... more »
May 30, 2014 4:47 PM
BATON ROUGE - A $3.6 billion financing plan to pay for Louisiana's public schools next year has received final legislative passage with a 95-2 House vote. The school formula for the 2014-15 school year was written by the state Board of Elementary and Secondary Education. It will increase spending for... more »
January 13, 2014 10:42 PM
GREENSBURG- Auditors, looking over the sheriff's accounting books here for the Legislative Auditor, suggest the St. Helena Parish Sheriff's Office keeps messy books and may have broken the law concerning how it purchased telephone equipment recently.
"The Sheriff violated the public bid law for the purchase of a $19,963... more »
November 13, 2013 2:30 PM
NEW ORLEANS- Congress may lift the federal spending limit for the national federal research chimpanzee sanctuary in Caddo Parish. Reps. Fred Upton, R-Mich., and Henry Waxman, D-Calif., added a plan to lift the current $30 million cap on spending at Chimp Haven to an unrelated Senate health bill. It returns... more »
September 30, 2013 1:50 PM
WASHINGTON- The Democratic-led Senate has rejected conditions that House Republicans attached to a temporary spending bill. On the brink of a government shutdown, the Senate voted 54-46 on Monday to strip a one-year delay in President Barack Obama's health care law from the bill that would keep the government operating.... more »
September 26, 2013 7:47 PM
WASHINGTON- The AFL-CIO plans to shift more of its political resources into state and local campaigns, including targeting Republican governors considered anti-union.
Political director Michael Podhorzer says spending is expected to be the same or greater as the 2010 campaign cycle when the labor federation spent $53-million on federal... more »
August 19, 2013 10:33 PM
BATON ROUGE- There are few implications in the Capital City region from government cuts that are forcing thousands of children out of Head Start programs this school year.
The federal government says 57,265 fewer children across the country will participate because of automatic cuts put in place after Congress... more »
July 25, 2013 4:37 PM
WASHINGTON - A new study says that reversing more than $100 billion in automatic spending cuts hitting the economy this year and next would boost the economy by 0.7 percent and increase employment by 900,000 jobs. The Congressional Budget Office study is similar to prior estimates by the agency. The... more »
July 9, 2013 10:25 AM
NEW ORLEANS - A new study says wildlife tourism is a $19 billion industry along the Gulf Coast and urges states to focus spending of settlement money from the 2010 BP oil spill on restoring sensitive areas that keep guides, hotels and others in business. The study, commissioned by the... more »
July 9, 2013 8:11 AM
CENTRAL - Central School Superintendent Michael Faulk says he is scaling back a series of spending proposals he outlined earlier this year.
Faulk is proposing selling $13.1 million in construction bonds, with about $8.1 million dedicated to Central High School. That includes an estimated $5.8 million for a new... more »
June 27, 2013 9:10 AM
NEW YORK- Better news on jobs and consumer spending are pushing stocks higher in early trading. The Dow Jones industrial average was up 112 points, or 0.8 percent, at 15,022 after the first few minutes of trading Thursday. The Standard & Poor's 500 index was up 10 points, or 0.7... more »
June 6, 2013 3:18 PM
BATON ROUGE -"Fiscal hawk" lawmakers slowed passage of the state budget today to make sure their fiscal reform bills get signed, lawmakers told News 2.
Earlier today, House members in the budget conference committee for HB 1 rejected Senate amendments, sending it back to the chambers.
Rep. Brett... more »
June 5, 2013 1:14 PM
BATON ROUGE - Negotiations are heading down to the wire between the House and Senate over how to craft next year's $25 billion state operating budget. Lawmakers hope to avoid a meltdown before session must end Thursday at 6 p.m. - and keep themselves out of a special session. House... more »
May 31, 2013 10:34 AM
BATON ROUGE - Louisiana's community colleges have won their dispute with other higher education leaders over construction spending. The Senate gave final passage Friday to a measure that will let the community and technical college system sidestep the construction budget process for $250 million in projects. The bill heads to... more »
May 29, 2013 5:05 PM
BATON ROUGE - The Senate's budget-writing committee has taken its turn at next year's $25 billion spending plan, adding $350 million in state dollars to reverse many cuts sought by the House. The 2013-14 budget proposal backed by the Senate Finance Committee on Wednesday looks quite different from the House... more »
April 30, 2013 4:00 PM
BATON ROUGE - Lawmakers in the House have refused to accept a procedural move by their leaders that would have given most of the decision-making on next year's budget to the Senate. House Speaker Chuck Kleckley and Appropriations Chairman Jim Fannin sought to remove $490 million in patchwork funding from... more »
April 29, 2013 9:02 AM
NEW YORK- Stocks are edging higher in early trading on Wall Street as investors were encouraged by an increase in consumer spending last month. The Dow Jones industrial average was up 17 points at 14,730 shortly after the opening bell Monday, a gain of 0.1 percent. The Standard & Poor's... more »
April 10, 2013 10:18 AM
WASHINGTON - President Barack Obama is sending Congress a $3.8 trillion spending blueprint that strives to achieve a "grand bargain" to tame runaway deficits. It would raise taxes on the wealthy and trim popular benefit programs including as Social Security and Medicare. The president's budget projects deficit reductions of $1.8... more »
April 3, 2013 5:06 PM
BATON ROUGE - House Speaker Chuck Kleckley says lawmakers need to find a way to control the costs of the state's free college tuition program known as TOPS. Kleckley says colleges need to be able to raise their tuition rates, but he says the state can't afford to continue increasing... more »
March 29, 2013 10:22 AM
WASHINGTON - Consumers earned more and spent more in February, helped by a stronger job market that has offset some of the drag from higher taxes. The Commerce Department says consumer spending rose 0.7 percent in February compared with January. It was the biggest gain in five months and followed... more »
March 18, 2013 6:11 PM
WASHINGTON - The Senate has given a big boost to a bipartisan full-year funding bill despite opposition from Republicans who were denied chances to offer changes aimed at boosting military readiness and easing closures of air traffic control towers. The legislation advanced on a 63-35 procedural vote that sets up... more »
March 1, 2013 11:07 AM
WASHINGTON - President Barack Obama says it may take a couple of weeks or a couple of months to reach a deal to end Washington's battle over spending cuts. The president spoke after meeting with congressional leaders at the White House on $85 billion in automatic spending cuts that go... more »
February 4, 2013 10:16 AM
HOUMA - The committee set up to manage most environmental fines going to the states affected by the BP oil spill of 2010 says it will release its plan July 6. The Courier reports that a seven-page document released last week by the Gulf Coast Ecosystem Restoration Council includes a... more »
January 30, 2013 10:37 AM
WASHINGTON - The White House says Superstorm Sandy is partially to blame for the unexpected contraction of the U.S. economy. Top White House economist Alan Krueger says the storm, which battered the East Coast, disrupted economic activity and destroyed $44 billion in fixed capital. Krueger also says federal defense spending... more »
January 21, 2013 6:40 AM
WASHINGTON - Democrats are looking to make new revenue part of the Senate's first budget in almost four years. That budget will be released soon after the start of President Barack Obama's second term. Obama has pushed for a "balanced approach" to solving the nation's financial woes, including more tax... more »
January 14, 2013 1:05 PM
WASHINGTON - Speaker John Boehner says the GOP-controlled House will "do its job" and pass legislation to lift the nation's borrowing cap and keep the government running, but will insist that Democrats accept new spending controls. Boehner acknowledged Monday that failing to lift the so-called debt ceiling would have bad... more »
January 14, 2013 12:50 PM
WASHINGTON - President Barack Obama is demanding that Congress quickly raise the nation's $16.4 trillion debt limit, telling reporters, "we are not a deadbeat nation." At a White House news conference less than a week before he takes the oath of office for a second term, Obama warned that if... more »
January 7, 2013 3:58 PM
WASHINGTON - The government says Americans kept health care spending in check for three consecutive years. It's an unusual respite, since health care usually surges ahead of overall economic growth. Will the relief linger? That's not clear. It could fade if jobs come roaring back as the economy recovers. The... more »
January 3, 2013 4:25 PM
RESTON, Va. - A report released Thursday says holiday shoppers spent $42.3 billion online in November and December, 14 percent more than in the same months a year ago. ComScore found that shoppers started the holiday season strong in November but a dip in consumer confidence hurt early December sales.... more »
January 2, 2013 5:57 PM
BATON ROUGE - Lawmakers reached a deal last night in Washington, averting the fiscal cliff, which included tax hikes for the middle class.
The deal did not include an extension of the payroll tax cut. Beginning January 1st, one tax went up for everyone. It's a two percent increase... more »
January 1, 2013 10:45 PM
WASHINGTON - Past its own New Year's deadline, a weary Congress sent President Barack Obama legislation to avoid a national "fiscal cliff" of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America's divided government to the limit.
The bill's... more »
December 28, 2012 9:03 AM
BATON ROUGE - Retail spending in East Baton Rouge Parish rebounded in October after two lackluster months, rising 6 percent compared with the same month the year before.
The latest sales tax collection figures released by the city-parish show businesses and consumers spent $647.7 million, up from $611.1 million... more »
December 26, 2012 6:43 AM
HONOLULU - President Barack Obama is cutting short his traditional Christmas holiday in Hawaii, planning to leave for Washington on Wednesday evening as he and lawmakers consider how to prevent the economy from going over the so-called fiscal cliff. Obama was expected to arrive in Washington early Thursday, the White... more »
December 26, 2012 6:15 AM
WASHINGTON - U.S. shoppers spent cautiously this holiday season, a disappointment for retailers who slashed prices to lure people into stores and now must hope for a post-Christmas burst of spending.
Sales of electronics, clothing, jewelry and home goods in the two months before Christmas increased 0.7 percent compared... more »
December 24, 2012 8:11 AM
WASHINGTON - Lawmakers say it'll be time to get back to work when they and President Barack Obama return to Washington on Thursday following the Christmas holiday.
Time is running out to avert the fiscal cliff of tax increases and domestic program cuts in January, and some members of... more »
December 17, 2012 6:37 PM
WASHINGTON - President Barack Obama has proposed a deficit-reduction package to House Speaker John Boehner that would increase the top tax rates on taxpayers earning more than $400,000, cut more spending from health care programs and add $200 billion more in spending cuts over 10 years to his earlier offer.... more »
December 17, 2012 4:47 PM
WASHINGTON - Democrats are trying to push a $60.4 billion emergency spending package for Superstorm Sandy victims through Congress by Christmas. Republicans are responding: Not so fast. The Senate opened debate on the aid measure Monday, seven weeks after the storm swept up the East Coast, causing extensive damage in... more »
December 13, 2012 10:45 AM
WASHINGTON - House Democratic Leader Nancy Pelosi says a deal must be reached "in the next couple of days or the very beginning of next week" to avoid the fiscal cliff of automatic tax hikes and spending cuts. The California Democrat criticized Republican House leaders for sending lawmakers home on... more »
December 12, 2012 1:34 PM
WASHINGTON - Retiring Sen. Joe Lieberman in his final Senate floor speech is urging Congress to put partisan rancor aside and reach across party lines to break Washington's gridlock. The Democrat-turned-independent from Connecticut said Wednesday that strong bipartisan leadership is needed to solve the nation's most pressing problems such as... more »
December 11, 2012 2:18 PM
WASHINGTON - The Senate's top Democrat says "it's going to be extremely difficult" to pass legislation to address the so-called fiscal cliff before Christmas, but adds there's still a chance it can be done. Majority Leader Harry Reid commented Tuesday amid a souring mood in Washington over negotiations to forestall... more »
December 11, 2012 10:23 AM
WASHINGTON - The Senate Republican leader is calling on President Barack Obama and Democrats to spell out where they would cut government spending as part of any deal to avoid the so-called "fiscal cliff." Sen. Mitch McConnell complained on Tuesday that Obama has spent his time talking about raising tax... more »
December 10, 2012 3:26 PM
REDFORD, Mich. - President Barack Obama says he "won't compromise" on his demands that the wealthiest Americans pay more in taxes. However, Obama held back from directly criticizing Republicans for opposing his tax plans, perhaps signaling that private negotiations over the "fiscal cliff" are showing progress. Obama and Boehner met... more »
December 10, 2012 12:35 PM
JEFFERSON CITY, Mo. - A potential plunge over the federal "fiscal cliff" is causing anxiety for many state officials - not only because of prospective federal funding cuts, but because of the confusion surrounding the ongoing stalemate in Washington. The longer the White House and Congress remain at odds, the... more »
December 5, 2012 4:37 PM
WASHINGTON - President Barack Obama and House Speaker John Boehner discussed the fiscal cliff Wednesday in a telephone call. It followed several days of political sparring over steps to prevent a year-end series of tax increases and spending cuts. The call raises the possibility that negotiations will soon resume between... more »
December 5, 2012 4:06 PM
WASHINGTON - The White House budget office has asked federal agencies to calculate more than $100 billion in spending cuts that would go into effect in January if Congress and the Obama administration fail to reach agreement to avert the looming fiscal cliff. White House press secretary Jay Carney said... more »
December 4, 2012 11:52 AM
WASHINGTON - A bipartisan group of governors says they sought assurances from President Barack Obama that any cuts in spending to address the looming "fiscal cliff" would not shift the financial burden onto states. They say they want flexibility from the federal government on mandated programs to allow them to... more »
December 3, 2012 4:47 PM
WASHINGTON - The White House is rejecting a Republican counteroffer aimed at averting the "fiscal cliff," saying it does not meet what the White House calls "the test of balance." White House communications director Dan Pfeiffer says the GOP proposal would lower tax rates for the wealthy and stick the... more »
December 3, 2012 2:16 PM
WASHINGTON - House Republicans negotiating with President Barack Obama on avoiding the so-called fiscal cliff are proposing to increase the eligibility age for Medicare and to lower cost-of-living hikes in Social Security benefits. The proposal is a response to Obama's offer last week to hike taxes by $1.6 trillion over... more »
November 29, 2012 3:46 PM
WASHINGTON - The Congressional Budget Office says extending the current level of long-term unemployment benefits for another year would add 300,000 jobs to the economy. A report from the nonpartisan office estimates that preserving jobless benefits would cost the government $30 billion. But it would also lead to more spending... more »
November 28, 2012 1:06 PM
WASHINGTON - A pickup in consumer spending and steady home sales helped lift economic growth in October and early November in most parts of the United States, according to a Federal Reserve survey. The one exception was the Northeast, which was slowed by Superstorm Sandy. The Fed says growth improved... more »
November 26, 2012 10:33 AM
OMAHA, Neb. - Billionaire Warren Buffett is again calling for higher taxes on the "ultra-rich" and he's urging Congress to compromise on spending cuts and tax increases. Buffett expressed his views on fiscal policy in an opinion article Monday in The New York Times. In the article, Buffett mocked the... more »
November 19, 2012 10:19 AM
PLAQUEMINE - Despite declining tax revenues, Iberville Parish's $41.6 million budget for 2013 reflects a 1.5 percent increase in spending compared to 2012. The Advocate reports nearly 30 percent of the $611,882 projected spending increase is attributed to more than $11 million in capital outlay projects reflected in the proposed... more »
November 14, 2012 3:28 PM
OMAHA, Neb. - Investor Warren Buffett says there won't be a recession if Congress can't resolve the so-called fiscal cliff before the automatic tax increases and spending cuts take effect in January. Buffett told CNN on Wednesday that the U.S. economy is very resilient, and it won't collapse if lawmakers... more »
November 14, 2012 7:49 AM
WASHINGTON - US retail sales fell in October after Americans spent less on a broad range of goods. Superstorm Sandy may have also slowed business at the end of the month.
The Commerce Department says sales dropped 0.3 percent after three months of gains. Auto sales fell 1.5 percent,... more »
November 13, 2012 3:28 PM
WASHINGTON - Senate Republican Leader Mitch McConnell says it's up to President Barack Obama to present a deficit reduction plan rather than a campaign slogan to Congress. The Kentucky Republican said that like House Speaker John Boehner, he is ready to support new revenue as part of a deal that... more »
November 12, 2012 2:36 PM
WASHINGTON - Congress returns Tuesday to a crowded agenda of unfinished business overshadowed by the urgent need for President Barack Obama and lawmakers to avert the economic double hit of tax increases and automatic spending cuts. One week after the elections, Republicans and Democrats face a daunting task in a... more »
November 7, 2012 10:54 AM
WASHINGTON - Fitch Ratings says President Barack Obama must pivot off his re-election victory and quickly forge an agreement with Congress to prevent a series of tax increases and spending cuts that kick in next year. The credit rating agency issued a news release Wednesday - hours after Obama won... more »
October 25, 2012 1:55 PM
WASHINGTON - CEOs from more than 80 major U.S. companies are pressing Congress to reduce the federal deficit by raising taxes and cutting spending. With a sea of red ink confronting the nation, the deficit and how to tame it has become a looming theme in the presidential campaign. The... more »
October 16, 2012 10:31 AM
WASHINGTON - Higher gas costs drove up U.S. consumer prices in September for the second straight month. But outside energy, there was little sign of inflation.
The Labor Department says the consumer price index rose a seasonally adjusted 0.6 percent in September, matching the August increase. In the past... more »
September 27, 2012 3:17 PM
SPRINGFIELD, Va. - Mitt Romney is calling the across-the-board defense spending cuts scheduled to take effect in January "a gun-to-your-head kind of approach." He says the deal President Barack Obama made with Congress "was a strange proposal in the first place," and he says "it's even stranger that we're seeing... more »
September 24, 2012 4:21 PM
LIMA, Ohio - Republican vice presidential nominee Paul Ryan says President Barack Obama's attempt to cut military spending is putting Americans at risk overseas. Ryan on Monday kicked off three days of campaigning in battleground Ohio by the GOP presidential ticket. Ryan campaigned in the town of Lima (LY'-muh) that's... more »
September 14, 2012 8:11 AM
WASHINGTON - U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending.
The Commerce Department says retail sales increased a seasonally adjusted 0.9 percent.... more »
September 10, 2012 1:12 PM
WASHINGTON - Thirteen defense executives are complaining that the threat of automatic, across-the-board cuts to military spending is creating uncertainty that's already affected their industry. Seven senators released copies of the executives' letters on Monday. The six Republicans and independent Joe Lieberman are trying to ratchet up the political pressure... more »
July 31, 2012 1:53 PM
WASHINGTON - The top Republican and Democrat on Capitol Hill have announced an agreement to keep the government running on autopilot for six months when the current budget year ends on Sept. 30. The announcements by Democratic Senate Majority Leader Harry Reid and GOP House Speaker John Boehner are aimed... more »
July 17, 2012 4:54 PM
WASHINGTON - A new survey shows most Americans know they have a constitutional right to freedom of speech, and for a clear majority, that does not translate into allowing unlimited spending by corporations or labor unions on political campaigns. According to a poll from the First Amendment Center, Americans oppose... more »
June 29, 2012 3:53 PM
NEW ORLEANS - Congress has voted to set aside 80 percent of water pollution fines BP PLC is expected to pay for its 2010 oil spill and spend that money on ecosystem and economic restoration in five Gulf states. The House and Senate included the provision in a transportation bill... more »
May 1, 2012 9:45 AM
U. S. builders barely increased their spending on construction projects in March after two straight months of declines.
The Commerce Department said construction spending ticked up 0.1 percent following declines of 1.4 percent in February and 0.7 percent in January.
The small March gain left construction spending at... more »
April 17, 2012 7:11 AM
BATON ROUGE - Retail spending by businesses and consumers in East Baton Rouge Parish rose 8 percent in February, the strongest February in four years. That's according to figures from the city-parish Finance Department. Based on sales tax collection figures, February had $626.8 million in total spending compared to $579.2... more »
December 14, 2011 5:04 PM
BATON ROUGE - A recent consumer report says two out of three shoppers will end up in debt because of holiday spending. But experts say making a plan and sticking to it can keep you out of that statistic.
Certified financial planner, Chad Olivier, says shoppers need to set... more »
November 9, 2011 5:53 PM
BATON ROUGE - Metro Council members voted to investigate spending by the Mayor's Office of Homeland Security and Emergency Preparedness in connection with an ongoing dispute over federal grant money in East Baton Rouge Parish.
Council members held a special meeting this afternoon to go through documents detailing how... more »
September 26, 2011 5:44 PM
WASHINGTON - The Senate is on track to pass a stopgap spending measure to avert a government shutdown at the end of the week.
The measure appears on track to pass the Senate Monday evening. The House would pass the measure later this week.
The measure drops a... more »
August 1, 2011 6:35 PM
WASHINGTON - The House has passed legislation designed to keep the government from defaulting on its debts. The measure also sets a course for reducing the federal deficit in the future.
The Senate, where support is stronger, is expected to take up the bill on Tuesday, the deadline for... more »
July 29, 2011 5:39 PM
WASHINGTON - Republicans have muscled legislation to extend the government's borrowing authority and cutting spending through the House over solid Democratic opposition.
The 218-210 vote sets up a confrontation with the Democratic-controlled Senate and President Barack Obama, who say the GOP-written measure will die in the Senate. They say... more »
July 27, 2011 10:56 AM
WASHINGTON - House Republicans seem to be rallying behind Speaker John Boehner's plan for lifting the U.S. borrowing cap.
Several Republicans said they were warming to Boehner's plan for linking about $1 trillion in budget cuts as the price for raising the debt limit - even though they would... more »
July 16, 2011 3:00 PM
NEW ORLEANS- State spending on a replacement for Charity Hospital has topped $100 million, although construction has yet to begin.
The Times-Picayune reports that $46.3 million has been spent for land, $43 million for architectural-engineering consultants and $7 million for other consultants. The Office of Facility Planning and control... more »