This one is unbelievable.
Gov. Steve Beshear has been sending people door-to-door to sign up tens of thousands of new health insurance recipients at taxpayer expense and the federal government is going to pile on thousands more.
How, exactly, is this supposed to address Kentucky’s spending problems?
The rest of the story is that the February 4th legislation was a 61 cent federal cigarette tax increase. That combined with Kentucky’s 30 cent tax hike and fewer people smoking means less revenue going forward.
So we are increasing spending for a program we already can’t afford. We are on our way to expanding government at the wrong time and burning through tax increase money and $50 million “borrowed” from the public employee health fund.
This is the part where a tax increase on the few comes after the rest of us.