KY House Approves Budget Plan

From Kentucky Public Radio’s Tony McVeigh The Kentucky House has approved a budget balancing plan that raises taxes on cigarettes and alcohol. To raise revenue in a non-budget year, House leaders needed a supermajority, or 60 votes, to pass the tax bill. They got 66. Thirty-four lawmakers, including Republican Rep. Stan Lee of Lexington voted […]

Kentucky General Assembly Resumes This Week

From Kentucky Public Radio’s Tony McVeigh  Kentucky lawmakers have returned to Frankfort to resume the 2009 legislative session. Twenty-four days remain in the 30-day session and the top agenda item is balancing the state budget, which has a $459 million deficit this fiscal year. Helping the state recover from last week’s ice storm has been […]

Lawmakers Discuss Tax Amnesty

From Kentucky Public Radio’s Tony McVeigh Legislative hearings continue in Frankfort on Kentucky Governor Steve Beshear’s budget-balancing plan. With the state searching for ways to generate new revenue, tax amnesty is on the minds of some Senate Budget Committee members. Previous amnesty efforts have raked in millions of dollars for the state, but Finance Secretary […]

Beshear, Mongiardo To Take Pay Cuts

From Kentucky Public Radio’s Tony McVeigh Kentucky Governor Steve Beshear and Lt. Governor Dan Mongiardo are taking voluntary ten-percent pay cuts next calendar year. Beshear knows the cuts won’t do much to reduce the state’s projected $456 million deficit, but he hopes the move will send a message.  “It’s a symbol by the chief executive […]

Beshear: Work Continues To Address Budget Shortfall

From Kentucky Public Radio’s Tony McVeigh Kentucky Governor Steve Beshear says his administration continues to look for ways to address a huge, projected state budget deficit. Governor Beshear huddled with administration officials over the holiday weekend, continuing the search for ways to address a projected $456 million state budget shortfall. Once his plan comes together, […]