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John Kennedy's Blog

Monthly Archives: April 2015

Last Savings Account Now Targeted

You probably hear the words "tobacco settlement" and wonder what the heck that even means. Allow me to boil it down for you: It translates into hundreds of millions of dollars for legislators struggling to balance the state budget, and that's definitely not a good thing. Even worse, it means saddling our children and our grandchildren with a staggering $1.2 billion in debt.

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The State Bond Commission approved $206 million for projects statewide and saved taxpayers more than $6.4 million

"We approved projects in parishes across Louisiana," said Treasurer Kennedy. "These are vital projects that include water, sewer and school system improvements as well as acquiring equipment for solid waste facilities." 

Read more at Bayoubuzz.com...

Treasurer John Kennedy announces re-election bid

The Advocate, Baton Rouge, LA:

After weeks of speculation, State Treasurer John Kennedy has made it official: He’s seeking a fifth term in the same office.

Kennedy’s name has frequently come up as a possible candidate for attorney general — or even governor (or U.S. senator should David Vitter be elected governor this year). Earlier this year, Kennedy was polling for several different races.

But Kennedy put all the speculation to rest and announced his intentions in an email to supporters Thursday, in which he noted the state’s budget crisis and his commitment to being a “fiscal watchdog.”

“It’s not easy to muster the courage and political will to make the tough choices needed to get our budget under control, but I’ll continue to challenge our leadership in state government and the federal government to confront those choices head on and stop the wasteful spending that burdens our taxpayers,” Kennedy wrote.

Campaign finance records show Kennedy, who switched from the Democratic to the Republican Party in 2007, has nearly $3.5 million in his campaign war chest. He was unopposed in his last re-election bid.

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