BATON ROUGE, La. – There was cause for celebration in Louisiana when the former Lt. Gov. Kathleen Blanco, a credit union board member at La Capitol Federal Credit Union, was elected the state's governor in November. A 20-year veteran of public service, Blanco served as a legislator for the Louisiana State House of Representatives (District 45, Lafayette) from 1984 to 1988, as a Public Service Commissioner from 1989 to 1995 and was elected lieutenant governor in 1995 and again in 1999. Blanco has pledged to phase out the state's corporate franchise tax on debt and sales taxes on manufacturing machinery and equipment to woo businesses to the state and keep those with operations in Louisiana.
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