Indiana Governor Mitch Daniels says state revenues for April were $255 million below a revised fiscal forecast issued last month, and wants some new projections in hand before he calls a special legislative session to pass a state budget. Lawmakers did not pass a new spending plan before the regular session ended Wednesday. Daniels says… Continue reading Daniels Calls For New Revenue Projections
Indiana Governor Mitch Daniels will call a special session for lawmakers to come up with a state budget, after they failed to pass a spending plan before time ran out on the General Assembly Wednesday night. Daniels said Thursday that he would have vetoed the plan that cleared the Senate but died in the House… Continue reading Daniels To Call Special Budget Session
From Kentucky Public Radio’s Tony McVeigh A budget-balancing plan that includes tax hikes on alcohol and tobacco products is moving in the Kentucky General Assembly. The first hearing on the measure is Tuesday morning in the House Appropriations and Revenue committee. Among opponents is Louisville Rep. Jim Wayne, who says it doesn’t go far enough.… Continue reading KY Budget Plan To Get First Hearing
From Kentucky Public Radio’s Tony McVeigh Kentucky House and Senate leaders will meet today to solidify their budget-balancing plan before sharing it with their members and the governor. House Speaker Greg Stumbo says the plan likely will include alcohol beverage taxes, but debate continues over whether that should be at the retail or wholesale level.… Continue reading KY Legislative Leaders Finishing Work On Budget Plan
From Kentucky Public Radio’s Tony McVeigh The current legislative session was the topic as Kentucky House and Senate leaders met privately with Governor Steve Beshear in Frankfort Thursday. Beshear says the talks centered mostly on process, or how the session should proceed now that both chambers have elected new leaders. The governor still wants lawmakers… Continue reading Beshear Meets With Legislative Leaders
From Kentucky Public Radio’s Tony McVeigh Kentucky Senate Republicans say they want to take a more expansive look at state budget cuts when the 2009 regular session gets underway today in Frankfort. Senate President David Williams says instead of just addressing the glaring budget deficit, lawmakers should use this opportunity to restructure government. “One (step) would… Continue reading GOP Leaders Suggest KY Government Restructuring
State budget shortfalls are forcing the system to trim four percent of its budget, on top of several years of cuts of more than thirty million dollars.