$259 million in "mega-fund" spending proposed
Two-thirds of the state's $414 million economic development "mega-fund" would be used on four projects, two of which don't currently meet the criteria for receiving the dollars, under a Jindal administration proposal outlined Tuesday.
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#1 Apr 1, 2009
There was $1.3 billion dollars in the fund when Jindal took office. Less $100 million to pay off supporters with the Morganza to the Gulf levee. That's $1.2 billion. Less $259 million for these projects. Thats $941 million. The article accounts for only $414 million. Where is the rest of the money,$527 million? Piyush "Billion dollar Slush Fund Bobby" got a lot of explaining to do.
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