BATON ROUGE (AP) — The national economic stimulus proposal approved Wednesday by the U.S. House would provide billions of dollars in bailout aid for Louisiana and help stave off some of the state’s most devastating budget cuts being considered for next year. One analysis, outlined by U.S. Rep. Charlie Melancon’s office, put Louisiana’s share of the stimulus funds at more than $5 billion over three years, though not all of that could be used to plug state budget gaps.
Stimulus bill includes more than $5B in La. aid
By The Associated Press
January 28, 2009