The $125 million "bridge funding" doesn't mean the City of New Orleans is out of the woods yet
Moreno, Morell, and Giarrusso met with state leaders seeking a financial lifeline in the form of “bridge funding,” a $125 million short-term loan. This financial lifeline would help the City of New Orleans through the looming financial crisis, providing a way to pay for critical city services, employee salaries, and vendor contracts. What were the cost-cutting measures and government reforms promised? New Orleans City Council President JP Morrell joins Newell to talk about it.
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