Like we need another hole in our heads

Congressional Democrats have been talking about a federal guarantee for state and local government bonded debt for a while now. Unfortunately for taxpayers, that plan just isn’t moving along fast enough.Given that borrowing in the municipal market is Kentucky’s preferred method of overspending, our politicians will surely be on board with this fiscally irresponsible plan…

Caviar on a budget for tuna

Speaking on WHAS 840 AM in Louisville this morning, Gov. Steve Beshear dismissed a question about repealing prevailing wage requirements. Overspending on taxpayer-paid wages based on political connections simply can’t be justified in the middle of an overspending crisis. As we await official revenue forecasts due out next week, now is exactly the right time…