Tuesday, February 16, 2010
House To Reveal Budget Proposal
KENTUCKY....
House Speaker Greg Stumbo (D-Prestonsburg) announced Tuesday that House leaders will, in coming days, reveal a proposal to eliminate a projected $400 million shortfall in the first year of the two-year state budget. He says the plan will rely on $220 million in not-yet-approved federal support for the Medicaid program. It also cuts more than 250 political appointees, trims spending on private contractors, tinkers with the state health insurance program and delays some construction projects. The first year of the budget, which begins July 1, protects public schools from any cuts to the main funding formula, layoffs of rank-and-file employees and cuts to Medicaid.
House Speaker Greg Stumbo (D-Prestonsburg) announced Tuesday that House leaders will, in coming days, reveal a proposal to eliminate a projected $400 million shortfall in the first year of the two-year state budget. He says the plan will rely on $220 million in not-yet-approved federal support for the Medicaid program. It also cuts more than 250 political appointees, trims spending on private contractors, tinkers with the state health insurance program and delays some construction projects. The first year of the budget, which begins July 1, protects public schools from any cuts to the main funding formula, layoffs of rank-and-file employees and cuts to Medicaid.
# posted by Homer Owens @ 7:31 PM 
