Wednesday, January 30, 2008
Governor Beshear Proposes Budget
Governor Steve Beshear offered the General Assembly a two year $18.6-billion budget proposal Tuesday. He proposed to lawmakers a two year budget he says makes unprecedented cuts across state government.
While he rejected potential cuts for the funding of elementary and secondary schools, he proposed cuts to higher education budgets totaling 11.5% for next year and does not include teacher raises. He offered most other state workers a 2% pay hike, and says his proposed budget will leave Kentucky on solid financial footing by 2010.
Medicaid funding would increase by $147.8-million in 2009...assuring 722,000 recipients will continue to receive its services.
While he rejected potential cuts for the funding of elementary and secondary schools, he proposed cuts to higher education budgets totaling 11.5% for next year and does not include teacher raises. He offered most other state workers a 2% pay hike, and says his proposed budget will leave Kentucky on solid financial footing by 2010.
Medicaid funding would increase by $147.8-million in 2009...assuring 722,000 recipients will continue to receive its services.
# posted by Homer Owens @ 3:48 AM 
