Floods boost Louisiana's likely need for a loan
DENHAM SPRINGS - Louisiana Gov. John Bel Edwards' chief financial adviser says catastrophic flooding has made it more likely the state will need a short-term bank loan to keep paying for government operations.Commissioner of Administration Jay Dardenne told a panel of state officials Thursday the need for the loan was "more probable than not."The Edwards administration was worried about cash flow problems even before the storms, because his predecessor and lawmakers heavily drained state treasur
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