|Senator Jack Donahue Newsletter - 2010 Regular Legislative Session is Underway|
|Wednesday, April 14 2010 - 10:45 am|
Well, it has started!
The obvious focus of the session will be money or the lack thereof. After record-breaking surpluses, our state is back to not being able to make ends meet. Revenues are actually increasing but expenses are spiraling out of control. Of particular importance is the amount of increased expenditures expected in Healthcare. The Federal Government reimburses each state for its Medicare expenditure based on the wealth of the state. Due to Louisiana's artificial increase in our "wealth" following Hurricane Katrina, Louisiana will be losing around $300 million in reimbursements from the Federal Government. This puts a big hole in our state budget. Word is that the Federal Government will waive the decrease in the reimbursement rate to all states, which would have the effect of creating a $300 million savings for Louisiana in the upcoming budget. It is important to Louisiana for this to occur.
Following the completion of the Streamlining Commission's work, I submitted about 50 bills for development. Since then, many of my colleagues have offered to handle some of these bills. Thank you to all of you that are assisting me in handling these bills. I now have about 30 bills left and will try to push as many of them as I can throughout the session.
I will try to keep you up to date on the session each week, and I ask that you please let me know if there is anything I can do to help you.