On the recordOctober 7, 2005
I came from a meeting where a number of business executives along the gulf coast are desperately trying to figure out what they are going to do. Entergy in New Orleans has just taken bankruptcy. They said if they have to put the costs they are accruing into the rate base--which they have to do under these circumstances-- rates are going to rise 200 percent. What are people with no jobs and no businesses--and we will not even give them an unemployment compensation extension, we will not pass the Medicaid emergency application process which we used in New York--going to do? We had a one-page Medicaid eligibility program that got people back into a position where they could get their health needs met. We are not doing any of that for people along the gulf.
Source
govinfo.gov




