Content Tagged As spending

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  • US economy grew at strong 4 percent rate in spring

    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 »
  • Possible compromise emerges on border request

    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 »
  • Obama asks for more money to deal with border crisis

    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 »
  • Work begins on spending college incentive fund

    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 »
  • GOP-led House backs limits on Obama's authority

    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 »
  • $3.6B school funding plan receives final passage

    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 »
  • Audit questions spending, tax collections of sheriff

    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 »
  • Chimp sanctuary spending cap may be lifted

    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 »
  • Senate rejects House conditions on spending bill

    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 »
  • Union politics to go more local

    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 »
  • Local children are not cut under Head Start funding problem

    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 »
  • CBO: Reversing cuts would boost jobs, economy

    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 »
  • Study urges spending on coastal restoration

    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 »
  • Officials scale back tax plans in Central

    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 »
  • US stocks higher on strong jobs, spending news

    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 »
  • "Fiscal hawks" attach measures to budget

    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 »
  • Lawmakers haggling over money as session nears end

    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 »
  • Community college construction bill goes to Jindal

    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 »
  • Senators rework $25B budget, reverse House cuts

    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 »
  • Budget maneuvering continues in House

    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 »
  • Stocks open higher as consumer spending rises

    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 »
  • Obama: Budget shrinks deficits and expands economy

    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 »
  • House speaker talks of capping TOPS program

    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 »
  • US consumer spending, income jump in February

    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 »
  • Senators press parochial hopes in spending debate

    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 »
  • Obama: may take weeks, months to fix budget mess

    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 »
  • Plan July 6 to outline spending of BP spill fines

    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 »
  • White House: Sandy to blame for lack of growth

    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 »
  • GOP wants budget; Schumer warns they will get one

    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 »
  • Boehner: GOP will pass 'responsible' debt bill

    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 »
  • Obama: Debt limit increase can't be tied to spending cuts

    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 »
  • Unusual respite from surging health care costs

    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 »
  • Report: Online holiday sales up 14 percent

    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 »
  • Fiscal cliff averted but taxes rise for all Play Video

    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 »
  • Congress approves deal to avoid 'fiscal cliff'

    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 »
  • Baton Rouge retail spending up 6 percent in Oct.

    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 »
  • Obama cuts vacation short as 'fiscal cliff' looms

    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 »
  • Shoppers disappoint retailers this holiday season

    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 »
  • Lawmakers see 'fiscal cliff' deal as elusive

    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 »
  • Sources: New Obama offer moves toward Boehner

    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 »
  • Senate debates $60.4 billion Sandy aid package

    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 »
  • Pelosi says time running out for fiscal cliff deal

    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 »
  • Lieberman urges compromise in final Senate speech

    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 »
  • Reid: 'Extremely difficult' to solve fiscal cliff

    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 »
  • Senate GOP leader calls on Dems to spell out cuts

    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 »
  • Obama 'won't compromise,' but holds back on GOP criticism

    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 »
  • Fiscal cliff stalemate spurs anxiety in states

    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 »
  • Obama, Boehner speak by phone on fiscal cliff

    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 »
  • White House asks agencies to plan for fiscal cliff

    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 »
  • Governors ask for flexibility in fiscal cliff deal

    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 »
  • White House rejects GOP fiscal cliff counteroffer

    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 »
  • GOP proposes new 'fiscal cliff' offer to Obama

    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 »
  • Report: Extending jobless benefits creates jobs

    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 »
  • Fed survey: US economy growing at steady pace

    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 »
  • Buffett urges Congress to raise taxes on wealthy

    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 »
  • Iberville Parish unveils $41.6 million budget

    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 »
  • Buffett says fiscal cliff won't trigger recession

    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 »
  • US retail sales drop 0.3 percent in October

    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 »
  • Senate GOP leader: Obama should offer deficit plan

    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 »
  • Congress faces agenda of unfinished business

    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 »
  • Fitch Ratings warns Obama must get deficit deal

    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 »
  • Group of major CEOs urges tax hikes, spending cuts

    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 »
  • More expensive gas pushes US consumer prices up

    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 »
  • Romney decries impending defense spending cuts

    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 »
  • Ryan: Obama weak on defense in battleground Ohio

    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 »
  • Gas prices, cars push US retail sales up 0.9 pct.

    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 »
  • 13 defense executives bemoan uncertainty of cuts

    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 »
  • Reid, Boehner announce stopgap spending pact

    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 »
  • Most oppose unlimited corporate campaign spending

    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 »
  • Congress OK's spending BP fines on Gulf

    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 »
  • US construction spending barely increased in March

    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 »
  • Baton Rouge retail spending up 8 percent in Feb.

    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 »
  • How to avoid holiday shopping debt Play Video

    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 »
  • Metro Council votes to investigate spending

    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 »
  • Senate deal should avert government shutdown

    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 »
  • House votes to raise debt limit, cut spending

    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 »
  • House approves GOP bill extending debt limit

    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 »
  • GOP rank and file moving behind Boehner debt plan

    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 »
  • Charity Hospital replacement spending tops $100M

    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 »
  • Obama to announce plans to cut government waste

    June 13, 2011 2:22 AM

    WASHINGTON- President Barack Obama will announce new steps to reduce government waste, arguing that inefficiency, fraud and abuse are especially troubling during tough economic times. Obama will sign an executive order Monday creating the Campaign to Cut Government Waste. The order calls for the formation of an oversight board that... more »
  • Lawmakers question $100 million computer upgrade

    May 31, 2011 5:29 PM

    BATON ROUGE- Some members of the Senate Finance Committee say it does not make sense to pull funding from an upgrade to the state's computer systems. Nearly $100 million has been spent on upgrades to help state agencies operate more efficiently and work together. Now state information office technicians... more »
  • Jindal orders partial spending freeze for agencies

    May 9, 2011 4:20 PM

    BATON ROUGE - Gov. Bobby Jindal has ordered a partial freeze on state spending for travel, supplies, contracts and other operating services in most state government agencies for the remaining two months of the fiscal year. Jindal's executive order was issued Monday, to help free up some money in... more »
  • Audit questions school spending under ex-director

    April 25, 2011 1:19 PM

    BATON ROUGE - A state audit raises questions about more than $60,000 in expenses by a former director of the public school run by Southern University in Baton Rouge. The Legislative audit says Derek Morgan made disbursements from a Southern University Laboratory School account totaling more than $60,000 that... more »
  • House votes for 3-week stopgap federal spending bill

    March 15, 2011 3:02 PM

    WASHINGTON - The House has passed a measure blending $6 billion in budget cuts with enough money to keep the government running for an additional three weeks. The measure buys additional time for talks between Capitol Hill Republicans and the Obama administration on a bill to fund the day-to-day... more »
  • Jindal budget assumes college tuition increase

    March 14, 2011 2:32 PM

    BATON ROUGE - Gov. Bobby Jindal's budget would be costly to Louisiana's college students. Tucked in the pages of the $24.9 billion spending plan are provisions for spending more than $98 million that Jindal hopes the state's colleges will get through tuition hikes on students. Separate legislation would need... more »
  • Tips to reduce spending touch on vehicles, garbage

    February 8, 2011 10:28 PM

    BATON ROUGE - Citizens were put in charge of cutting waste in Baton Rouge a month ago and today there are more than a hundred leads in one councilman's office to do just that. Chandler Loupe says he's had a great response, even from some people within city-parish government.... more »
  • "Twilight", "Battleship" spend big in Baton Rouge

    February 2, 2011 11:34 AM

    BATON ROUGE – Blockbuster movies based on vampires and a board game made up most of the money spent by film companies in Baton Rouge last year, according to Mayor-President Kip Holden’s office. An economic impact report released to the Baton Rouge Film Commission said film companies spent about $196... more »
  • Obama: Challenges are "bigger than party"

    January 25, 2011 5:37 PM

    WASHINGTON - Declaring a new era of shared responsibility, President Barack Obama is imploring Republican and Democratic lawmakers to work with him to revitalize the economy, saying in his State of the Union address the enormity of the challenge is "bigger than party, and bigger than politics." In brief excerpts... more »
  • House to get quick start on spending cut pledge

    January 18, 2011 2:46 PM

    WASHINGTON - House Majority Leader Eric Cantor is promising a vote next week backing up the GOP's promise to cut spending for most Cabinet agencies back to the levels in place before President Barack Obama took office. Such a vote would put all House members on record behind cutting $100... more »
  • Gov't: people spending, helping economy

    December 1, 2010 1:10 PM

    WASHINGTON- The U.S. economy seems to be improving. In many parts of the country, factories produced more and shoppers spent more money. The Federal Reserve reports 10 of the 12 "economic regions" showed growth- either slight or modest. Others reported a "somewhat stronger" pace. Only two regions - Philadelphia and... more »
  • Higher gas prices won't slot most holiday shoppers

    November 27, 2010 1:44 PM

    BATON ROUGE - Many Americans are determined not to let higher gas be the Grinch that spoils their holiday spending plans. Gas prices on average have risen about 17 cents since Labor Day to $2.86 per gallon because of rising oil prices. By one analyst's estimate, that means Americans are... more »
  • Library project takes center stage at budget hearing

    November 16, 2010 10:31 PM

    Dozens of people from across Baton Rouge spent hours Tuesday evening weighing in on the city's proposed budget for libraries. At the heart of the debate, a $19 million project to tear down and rebuild the downtown library. TEA Party members, library-users and families from across the parish... more »
  • No immediate jobs under new Obama transportation spending plan

    September 6, 2010 11:32 AM

    Even if he can get the plan through Congress, at a time when lawmakers and voters are worried about federal deficits, the transportation spending plan envisioned by President Barack Obama wouldn't create jobs right away. Senior administration officials say the initial projects would lead to new jobs over the course... more »
  • Oil spill response money gets final passage

    June 21, 2010 8:39 AM

    Coastal parishes are in line for $24.9 million to help them with oil spill response efforts. The spending plans were included in a budget bill that received final passage Sunday night and heads to Gov. Bobby Jindal. The dollars will come from the state's Oil Spill Contingency Fund. Lawmakers kept... more »
  • BP says oil spill costs reach $2 billion

    June 21, 2010 5:34 AM

    BP says it has spent $2 billion responding to the oil spill in the Gulf of Mexico, and that sum will continue to rise. Last week, BP agreed to set up a $20 billion fund to compensate victims of the disaster on the U.S. southern coast. BP says it has... more »
  • Amid deficit worries, Dems trim unemployment bill

    June 16, 2010 7:24 AM

    Faced with a losing showdown vote Wednesday, Senate Democrats trying to extend unemployment benefits and help for doctors facing Medicare payment cuts are scaling back a catchall tax and spending bill. Anxiety over record budget deficits is fueling the moves, which include rolling back last year's $25 a week increase... more »

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