February 24, 2019

The Advocate: Denied loan forgiveness, Louisiana officials ask for break on interest cost for levee system

State officials are planning to push the Trump administration this spring to forgive $2 billion in interest the state estimates it is on the hook to pay for the multibillion-dollar New Orleans-area flood prevention system. The move marks a retreat for state leaders, who previously asked to have both interest and principal — a total...
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