Tag Archives: budget

Hal Rogers’ death-budget goes under the microscope

With a Republican-dominated House of Representatives, just how badly are the poor and middle-class gonna get shafted via the Congressional budget? According to the Economic Policy Institute, the answer is “shafted like fresh meat in an episode of Oz,” while only cutting four percent of the projected 2011 deficit and impeding economic recovery at the same time. [...]

Beshear’s Balls Now Have Their Own Zipcode

How else could you account for an audacious statement like this? Via The Courier-Journal (bold emphasis mine): FRANKFORT, Ky. — Gov. Steve Beshear said Thursday that he wants the General Assembly to pass a comprehensive budget bill because he’s unsure of the implications of passing the unprecedented “continuation budget” being considered by the House and [...]

Rep. Wayne On Kentucky’s Impending (Never-ending?) Fiscal Doom

Yesterday, the citizens of this fair but imploding commonwealth learned that the biggest task in the charge of our state legislators — namely, crafting a budget — would take precedence over normal Capitol proceedings because they cannot agree on how best to pretend solving the problem; the regular session was delayed, most lawmakers got a [...]

More Fun With Kentucky’s Insolvency

You are probably aware that our great commonwealth is broke. In case you were wondering just how broke we are, here are some general fund receipts just released by the Office of the State Budget Director. According to the report’s cover letter, our state government collected 8.3 percent less in December 2009 than December 2008 [...]

KY Budgetary Woes Worse Than Expected

You may remember about two weeks ago when the Consensus Forecasting Group projected that Kentucky’s fiscal future wasn’t so bleak, after all. So naturally you went and maxed out your credit card on Wiis for the whole family. Well, turns out the CFG got the fiscal story half right, as Gov. Steve Beshear dropped some [...]