Kentucky Club for Growth
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December 8, 2008

The No-Solutions Tour

Governor Beshear has been traveling the state to talk about the projected $456 million shortfall the state is facing in the second half of this fiscal year. 

Solutions-wise, so far he's asked every state agency to plan for a 4% budget cut (which would address 82% of the projected shortfall), and he has appropriately recognized that the state can't borrow its way out of the shortfall. 

Other than that, he's got nothin'.  Expanded gambling is on the "back-burner."  He's not sure if he'll call for a cigarette tax increase (if you can believe that).

Page One comments on the governor's leadership:

Seriously. After spending 45 minutes bemoaning the state’s economy, he’s wondering if we’re going to get to the point of desperation in which we’ll need money from a cigarette tax. This from a man who campaigned on a soapbox about leadership. We don’t know about you, but waiting to see if we’re going to need it, a point at which it will be too late to do it, isn’t the kind of leadership we need.

While Page One and the Club may differ on exactly what kind of leadership we need, we can agree that his no-solutions tour seems like a waste of time and tax dollars.

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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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