Monday, March 22, 2010
Senate Passes State Budget
KENTUCKY....
The Kentucky Senate voted 35-2 Monday to pass an approximate $17.3 billion two-year state budget plan which contains deeper spending cuts than the House version. The Senate version eliminates nearly $1 billion in school, water and sewer projects although House Speaker Greg Stumbo warned cutting the projects could jeopardize the state budget. The Senate cut an extra 1.5 percent from nearly all areas of state government. The only area that appears to be exempt from those cuts is the Department of Revenue. A House-Senate conference committee will now attempt to resolve the many differences between the two budgets.
The Kentucky Senate voted 35-2 Monday to pass an approximate $17.3 billion two-year state budget plan which contains deeper spending cuts than the House version. The Senate version eliminates nearly $1 billion in school, water and sewer projects although House Speaker Greg Stumbo warned cutting the projects could jeopardize the state budget. The Senate cut an extra 1.5 percent from nearly all areas of state government. The only area that appears to be exempt from those cuts is the Department of Revenue. A House-Senate conference committee will now attempt to resolve the many differences between the two budgets.
# posted by Homer Owens @ 10:42 PM 
