Kentucky Club for Growth
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February 23, 2009

It's Slowly Dawning on Obama

The President is slowly figuring out that most of the spending bill commonly referred to as the stimulus is waste.

Earlier in February, he was all over TV telling folks that only 1% of the stimulus was unnecessary pork. While he was wrong then, he has moved on.

Now at a meeting with the Governors of almost all of the states, he's upped the percentage:

Obama told the group this morning that there are "some very legitimate concerns" about the unemployment insurance provisions, but noted that they were only a small part, less than 10 percent, of the overall package.

We hope this signals a change, and that he will start to listen to the very legitimate concerns being expressed about the way the Democratic majority is wrecking the American economy.

Representative Mike Pence is calling our attention to the next burp of frenzied spending from the Congress:

The House is taking up this week the omnibus spending bill that will fund the federal government through the end of September, and Republicans are requesting that funding not increase from its 2008 level.

Pelosi has also called for fiscal responsibility in government spending, requesting last week that House committee chairmen conduct hearings to examine the budgets of federal agencies. However, Republicans are reacting to media reports that place the price tag of the bill at $410 billion, with thousands of earmarks -- from both Democrats and Republicans -- included in that total.

"After a spending spree that included the rest of the banking bailout, a massive stimulus bill, a call for a housing and mortgage bailout -- now the federal government is poised for the largest increase in discretionary spending since the Carter administration, with the exception of 9/11," Republican Conference Chairman Mike Pence (Ind.) said this morning during a pen-and-pad session with reporters. "We think that is inconsistent with the times in which we live and the expectation of the American people."

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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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