APPEL: No Easy Bailout For Spendthrift NOLA Government

No Easy Bailout For Spendthrift NOLA Government

As expected, the New Orleans City Council's attempt to borrow a huge sum has run into opposition in Baton Rouge.

The governor has asked Republican legislators to reject the emergency loan, and

Jeff Landry urged Republican state lawmakers to reject New Orleans' request to take on additional debt
, citing the need for the city to address its financial problems immediately.

Author's summary: NOLA government faces opposition to borrowing.

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