Kentucky Club for Growth
fighting and winning for economic freedom

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June 24, 2009

Special Session Resumes Today

Today is day $480,000.

Today they will finally pass what the Governor, in his speech nine days ago, called "The first piece of legislation, by far the biggest and the most critical, is to balance the budget for the fiscal year that begins in just two weeks."

The Governor said it'd be simple:

My budget bill spends federal stimulus dollars in the way that you authorized in the regular session earlier this year.

It preserves the same priorities you and I preserved when deciding together how to fill the current fiscal year shortfall.

It protects the same services - the basic K-12 funding formula, higher education, Medicaid, and public safety - that you and I long ago decided are the keys to the quality of life that Kentuckians deserve.

Yet here we are, a half-a-million dollars later, still not done. All because the Governor decided to call a session without reaching any sort of understanding beforehand and throwing inessential nonsense into the call.

But that's not the worst part. The worst part is that we've spent half-a-million without accomplishing anything of significance to the future of the commonwealth. A land transfer for a battery plant might be a critical piece of a new industry. But that doesn't take nine days.

Yet unaddressed are the state's failing pension system, our failing unemployment insurance fund, and the general hostility to the free market that makes Tennessee such a more attractive place to do business. In fact, if the incentives bill passes, this session will only make Kentucky that much less attractive.

Back in April, we wrote:

The 2009 legislative session should be characterized as nothing less than a disaster. The cooperation they are so proud of is nothing less than a mutual agreement to abscond without action or responsibility.

Kentucky is burdened by leadership that is more serious about the next election than addressing tough problems. As the rhetoric rises and the chimes sound for the next wasteful special session, remember this dismal record and tell your legislators: "No thanks!"

Not enough of you said it...

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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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* Reducing needless regulation

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