John Neely Kennedy on Budget & Economy

Democratic Senate Challenger (LA)


Be concerned about economy, but not scared

In past debates Kennedy opened by aligning himself with John McCain, but [in this debate] he described his ideas for re-establishing economic stability in the financial markets and the US economy, an attempt to take control of an issue widely considered a drag on GOP candidates nationwide. “I know many of you are scared. Don’t be. Be concerned, be angry, but don’t be scared,” Kennedy said. “We will survive this economic crisis.”

Landrieu, meanwhile, continued to push herself as a centrist senator who works across party lines and has brought home billions of dollars in aid to Louisiana during her 12 years in Congress, particularly since the blows of hurricanes Katrina and Rita in 2005. “Send me back to continue to fight for you, to deliver for you,” she said.

Source: 2008 Louisiana Senate Debate by Associated Press on NOLA.com , Oct 16, 2008

As state treasurer, manages $5B bank account

John Neely Kennedy was elected to his third term as State Treasurer on September 6, 2007. Kennedy manages the state’s $5 billion bank account including the investment of $3 billion in trust funds. He oversees all local and state bond issues, returns millions of dollars in unclaimed property each year, and takes care of state fiscal matters. He works diligently to guard taxpayers’ money and rejects the status quo when it is not in the best interest of the state.
Source: 2008 Senate campaign website, www.johnkennedy.com, “About” , Mar 2, 2008

Reinstitute the “Pay As You Go” rule