Murrill: New Orleans is “financially unstable”

Louisiana Attorney General Liz Murrill is defending herself and Governor Jeff Landry against accusations that they are trying to take over the city of New Orleans’s finances.

That defense comes after Murrill and Landry floated the idea of putting the city under a fiscal administrator after the city council voted to seek a $125 million loan from the Louisiana Bond Commission to cover payroll and other expenses for the rest of the year.

Murrill says she only has the city’s best interests in mind…

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