Kentucky House And Senate Must Reconcile Budget Plans

From Kentucky Public Radio’s Tony McVeigh The Kentucky House and Senate have approved different versions of bills designed to close a $1 billion gap in the state budget. The House bill includes $1.3 billion in bonded school projects backed by slots. The Senate bill does not. Former House budget chairman Harry Moberly says the situation […]

Panel Predicts $1 Billion Shortfall; Beshear to Call Special Session

From Kentucky Public Radio’s Tony McVeigh A panel of economic experts agrees with Kentucky Governor Steve Beshear; the state could be facing a deficit of almost one billion dollars. After analyzing current and projected state revenue receipts, the Consensus Forecasting Group is predicting Kentucky could be facing an almost one billion dollar shortfall next fiscal […]

Kentucky Budget Plan Clears First Legislative Hurdle

From Kentucky Public Radio’s Tony McVeigh A budget-balancing plan that increases taxes on alcohol and cigarettes in Kentucky has cleared the state House Budget Committee. Former budget chairman Harry Moberly says he understands alcoholic beverage industry concerns, but says the state has little choice. ‚ÄúPeople are used to paying six cents for water, for soft […]