Opinion Columns

Five Goals For The Next Four Years

By State Treasurer John KennedyLouisiana will shortly be electing a governor, other statewide officials and a new legislature. Here are five goals these new leaders should set for themselves, and for the state, for the…

How the Legislature Balanced the Budget

By State Treasurer John KennedyIn its recent session, the Louisiana Legislature faced a $1.6 billion budget deficit, primarily due to the loss of one-time federal “stimulus” dollars from the Obama Administration. (The deficit would have…

Louisiana Bondholders and Taxpayers Protected From Default

By State Treasurer John KennedyI’ve had a lot of folks lately ask me how the current debt crisis in Washington, D.C. will impact the state of Louisiana. My first thought when I’m asked this is…

A Fiscally Responsible Plan for Big Charity in New Orleans

By U.S. Senator David Vitter, Louisiana House Speaker Jim Tucker and State Treasurer John KennedyHurricane Katrina damaged the Charity Hospital in New Orleans, which is owned and operated by the LSU Health Sciences Center (“HSC”)….

Condos at Angola?

By State Treasurer John KennedyLouisiana has a $1.6 billion budget deficit. The main reason for the shortfall is the political decision to spend more than we take in and make up the difference with one-time,…

Treasury Year In Review

By State Treasurer John KennedyThe mission of the Louisiana Department of the Treasury is to promote prudent cash management and investment strategies in the administration of state funds. Even in the midst of the national…

START Program Provides Tax Deductions

By State Treasurer John KennedyWhen filling out state tax returns, Louisiana residents should keep in mind the incentives available to investors who use the START 529 plan to save for college. If you already have…

Another 8 Ways to Balance the State Budget Without Destroying Health Care and Higher Education

By State Treasurer John KennedyHere are eight additional ways to balance the state budget without destroying health care and higher education: 1. Abolish the state’s three separate systems of higher education and place all universities…

Save Money by Improving Our Charity Hospitals

By State Treasurer John KennedyLouisiana has 10 state-owned, taxpayer-funded public hospitals, spread across 64 parishes and 45,000 square miles, to deliver health care to our citizens and train our medical students. Our Charity Hospital System…

Attack the Deficit by Collecting Money Owed the State

By State Treasurer John KennedyOne way Louisiana can reduce the $2 billion to $3 billion budget deficit next fiscal year is by doing a better job of collecting money owed the state. Currently, $1.52 billion…