Kentucky Club for Growth
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January 14, 2007

Shell game

Billy Harper's recent ad dealing with pork barrel spending and the alternative minimum tax is pretty entertaining.

It's made more effective when you watch the General Assembly slowly and quietly backtracking on the AMC issue. A month ago, lawmakers were prepped to repeal the tax. Jody Richards called the tax "unAmerican," but more recently has said that the General Assembly probably won't get around to repealing it in this legislative session.

Harper claims in his ad that he'll cut pork barrel spending and eliminate the AMC. The great thing for Harper is that by this time next year, he might get that chance. It's unlikely that lawmakers will be willing to give up the huge revenue boost the AMC provided. The big spenders would rather spend money, keep the tax and send Fletcher to defend his signature on all that pork.

As to the pork barrel spending, Harper's claim sounds good, but he'll have to explain how a Kentucky governor with such a weak line-item veto power can actually stop any popular spending. Then again, Fletcher will have to explain why, when given a unique opportunity to strongly veto all of the pork barrel spending in Kentucky's budget, he chose to keep almost all of it in.

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06/23/09 : Session Could Finish Tonight; KEY VOTES

06/22/09 : KEY VOTE: HB 1

03/11/09 : Key Vote: HB 236 - Taxing IPTV

03/09/09 : Key Vote: HB 102 - Tolls

03/09/09 : Key Vote: HB 374 - Gas Tax Hike

03/03/09 : Key Votes: Some Good Legislation

03/03/09 : Key Votes: Driving Businesses Out of Kentucky

Drees: Raise gas tax to fund bridge - Pat Crowley, NKY.com

Ky. House nears tax vote - Pat Crowley, NKy.com


Donor records might have similarities - Lexington Herald-Leader

Club for Growth launches in Oregon

The Kentucky Club for Growth is proud to announce its 2007 scorecard rating members of the Kentucky General Assembly on fiscal issues.

How did your legislators do?


Club for Growth eyes spending - by Patrick Crowley, The Enquirer

Political group taking on state - by Stephenie Steitzer, Kentucky Post


Ky. jobless rate hits 11 percent - Courier-Journal...

The Governor's Budget Proposal
This is a reposting of the first article of email update sent out earlier today.  If you don't receive them, you may want to sign up.Here's the Governor's proposal:$147.1 million in spending cuts $81.5 million from a 70-cent cigarette tax...

$373 Million in Cuts
Governor Beshear has told agencies to plan for 4% budget cuts, suggesting that he's either expecting to raise taxes, or not expecting the $456 million shortfall to materialize.  4% of FY 2009 appropriated spending is only $373 million....

Governor Announces Administration Exploring Cuts, Taxes
Governor Steve Beshear announced that he is expecting a $294 million budget shortfall and is going to gauge public reaction before making a specific proposal to address it in December.  Cuts and taxes are on the table.Waiting until December is...

Strapped
The media is so sure there's a revenue problem, that it's hard to even fathom that the reality is that state revenue is increasing.

Business Tax Climate
We're #34 according to the Tax Foundation's 2009 State Business Tax Climate Index.

Financial Troubles
"The Negative Outlook reflects plans to continue to deplete fund balances and virtually drain the budget reserve trust in the current biennium. Further, Fitch remains concerned about the weakened pension funding levels and the commonwealth's rising debt position as an additional $1.65 billion in debt has been authorized for the biennium."

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