Opinion Columns

Stop Deficit Spending

By John Kennedy, State Treasurer The evidence is overwhelming that Louisiana continues to spend more taxpayer money than it takes in. We have had six years of mid-year budget cuts out of the last seven….

Plain Talk On The OGB Health Plan Mess

By John Kennedy, State Treasurer Newly discovered information is drawing back the curtain on the real reasons for sweeping health plan changes that will impact 230,000 state workers, teachers and retirees. As someone who is…

Why I Invest In Israel Bonds

By John Kennedy, State TreasurerLast year, I urged Louisiana taxpayers to scour their mutual fund portfolios for high-risk Puerto Rico bonds. I didn’t want college educations and retirements relying on Puerto Rico’s shaky economy. You…

Joe’s Unclaimed Property Find

By John Kennedy, State Treasurer As state treasurer, I end up with countless dollars that flow into my office because businesses cannot locate people. I get stock dividends, uncashed checks, abandoned checking accounts and unredeemed…

Discipline in the Classroom

By John Kennedy, State TreasurerAt least three times a year, I clear my calendar and volunteer to substitute teach. I try to head back to the classroom on a regular basis-not because I need a…

State Obamacares Its Employees’ Health Insurance

By John Kennedy, State TreasurerThe state of Louisiana has “Obamacared” its own employees’ health insurance plan. Here’s how. One of the problems with the federal Affordable Care Act (called “Obamacare” by the President himself) is…

Figuring Out the State Police Retirement Controversy

By John Kennedy, State TreasurerUnless you just parachuted in from Mars, you’ve probably seen media reports about the retirement bill recently passed by the Legislature and signed by the Governor (Act 859) that boosts the…

Taxpayers to Pay for Sex Change Surgery

By John Kennedy, State TreasurerOn May 30, President Obama directed Medicare to begin paying for “gender reassignment surgery,” commonly known as sex change surgery, which costs between $25,000 and $75,000 per patient depending upon the…

Helping Education by Cutting Consultants

By John Kennedy, State Treasurer After a four year struggle, the Louisiana Legislature has at last passed a bill to reform state spending on consultants and dedicate the savings to higher education. HB 142, by…

SB 603 Could Be State’s Best Shot at Recovering Unclaimed U.S. Savings Bonds

The federal government is sitting on $16.5 billion worth of unredeemed U.S. savings bonds that have matured, some of which no longer earn interest. Not surprisingly, the U.S. Treasury hasn’t been very proactive about returning…