Frankfort’s quote of the day

The Louisville Courier Journal’s Stephenie Steitzer has covered the public employee pension mess better than anyone in the Frankfort press corps. A story in Tuesday’s paper about how legislative leaders are considering more inconsequential tweaks to the system included this gem of a quote from actuary Patrick Welsh: “If they cut those benefits even more,…

Counting down to nine

Maine’s legislature is taking up a bill soon to introduce charter schools to benefit their students. That would leave nine states who have failed to make school choice options like charters widely available. There is no good reason for Kentucky to stand still while other states zip past us in education. Please join the Bluegrass…

Bailing out the states, take two

While much attention has been paid to Kentucky’s revenue “shortfall,” little has been focused on overspending, and even less on debt and mounting future obligations, California continues to provide a glimpse of fiscal ruination yet to come. President Barack Obama probably has his “we have no choice” speech ready to roll for California. Kentucky’s big…

The special sessions we need

Speculation about a General Assembly special session being called in June has been running rampant for weeks. The conventional wisdom is that the House and Senate will agree with Gov. Steve Beshear about a new package of tax increases and run back in town for a week of ridiculous speeches. Affirming votes and collective backslapping…