State leaders and fiscal watchdogs Monday criticized the commonwealth’s antiquated and costly system for paying for public construction projects as a special session of the Legislature convened to address the budget shortfall. Click here to read entire news release.
Legislators in Frankfort are spending your tax dollars to debate spending your tax dollars to solve the problem of not enough of your tax dollars to spend.
No government in history ever spent — or taxed — its way to prosperity. Click here to read entire column.
A new group called “Kentucky Forward” offers a tax-reform proposal that raises taxes on many Kentucky business owners and upper-income individuals. Commentator Jim Waters calls it “a scary proposition.” Click here to listen to the commentary.
Former Kentucky Attorney General Ben Chandler issued an opinion saying that expanding casino gambling would require a constitutional amendment. However, the Associated Press reports today that Gov. Beshear has “ordered lammakers to consider” his plan to allow “racinos” — video slot terminals — at horse racing tracks during a special session scheduled to begin Monday…
Leave it to Reason TV to produce this “extraordinary, persistent, detailed” and really funny report on bailouts for the rest of us. And of course, Kentuckians need a bailout because as Frankfort declared recently, “we’ve got to have revenue from someplace”. Oh, wait. Kentucky already got a bailout. [youtube=http://www.youtube.com/watch?v=d9nk8XwHbS4]
A Lexington Herald-Leader writer thinks Kentuckians have a bad attitude. Bluegrass Institute columnist Jim Waters knows why.Click here to read the entire column.
This morning Gov. Beshear added a “proposal” to the growing list of issues he wants the Kentucky general assembly to tackle this month in a special legislative session: Placing Video Lottery Terminals (VLTs) at race tracks. Why? To save the horse industry? (Duplicity = Saying one thing but meaning another.) VLTs? – these are the…
In 2008, the residents of Simpson County were mesmerized with the idea of an electric car company building ZAP cars and employing thousands. As it turned out, GE Capital had intended to loan the project money until it was discovered that GE was short of money, too. So the project predictably died. In fact, the…
State Budget Director Mary Lassiter just told the Joint Budget Committee that Medicaid spending continues to increase but that federal “stimulus” funds will cover the excess in FY 2010. So we’re back into the soup in 2011. The only difference is that we will be in much deeper and we aren’t doing anything about it.