Moody’s Investors Service, a major bond ratings agency, is painting a gloomy picture of Louisiana’s future fiscal health due to the state’s loss of more than $850 million in Medicaid funding thanks to a federal miscalculation, calling the potential budget crisis a “credit negative.” The Moody’s statement has not affected the state’s bond rating, which according to a Times-Picayune report currently stands at “high investment grade and stable,” but it does signal to investors that the state’s finances are precarious.
Moody’s issued the statement before the Jindal administration unveiled $551 million in spending cuts to the state’s Medicaid program. A Jindal spokesman says the governor believes Louisiana’s finances are safe, although more cuts to health services for the poor across Louisiana could be announced later in the budget year, which runs July 1-June 30.
David Calhoun and Elizabeth “EB” Brooks are the first two employees of Lafayette Central Park Inc., the nonprofit charged with turning Lafayette Consolidated Government’s 100-acre Johnston Street Horse Farm property into a passive public park. Calhoun was named executive director, and Brooks is director of planning and design.
Is it a crime for citizens to photograph, video, or take notes of a police officer in the line of duty, or a right protected by the First Amendment of the U.S. Constitution? Locally, such activity, as witnessed recently, will at the very least result in a night spent behind bars.
There will soon be a whole lot of shakin’ going on at Benny’s Sportshack Supplement Depot, a new concept by Opelousas native Benny Nele. Located at 2002 Johnston St., the supplement shop, smoothie bar and café, featuring hot off the press paninis and wraps, plans to open in late May.