Kentucky Club for Growth
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June 15, 2009

Stumbo Forecasts Quick End to Special Session

Despite our dismay with the unnecessary special session, there is reason to believe that even Speaker Stumbo expects it to be brief and contain little more than passage of the budget.

After Governor Beshear's speech, Renee Shaw conducted incredibly great interviews with Senate President David Williams, Speaker Greg Stumbo and House Appropriations and Revenue Chairman Rick Rand.

After Williams made a number of great points like:

  • $200 million in cuts is not very much in a $9 billion budget
  • Which means that there should be no noticeable change in delivery of services
  • We may be missing an opportunity to make some real cuts
  • There's no reason for the session to last beyond Friday, and that
  • Anything beyond the budget can be handled in January

Shaw pressed Stumbo on the possibility that Williams put forward: that the budget and some elements of the economic incentive would be all that passed. Shaw asked Stumbo if he would consider that scenario a successful session.

Stumbo declined to answer the question and instead offered that he agreed with the Governor that the session's primary purpose was to deal with the budget and that 'the process itself helps everyone prepare for the future' (paraphrased).

How's that for an admission of it being over before it starts?

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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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