Wondering what’s behind all the noise about the supposed $996 million budget shortfall in Kentucky?
It’s really not that complicated.
The General Assembly wants to spend $9.296 billion in the year beginning July 1. Economists estimate they will only have $8.3 billion. So Gov. Beshear says there is a $996 million shortfall.
The revised budget for the current fiscal year is $8.4299 billion. Will someone please explain to me why Gov. Beshear thinks he should be able to increase state government by ten percent in one year?