Sunday, March 28, 2010
State Budget Talks Stall
KENTUCKY....
Following less than four hours of negotiations in the fifth day of budget bargaining, Kentucky House and Senate leaders concluded budget talks Sunday evening still failing to reach an agreement on the state's two-year budget. A House proposal to borrow money to pay for school, water, sewer and road projects appears to be the major sticking point between the Republican-controlled Senate and the Democratic-controlled House...an idea rejected by the Senate. The General Assembly has only four official working days remaining in the 60-day session, and lawmakers are currently scheduled to recess for the veto period on Tuesday and return on April 12th and 13th to finish their work for the year. Their ultimate deadline isn’t until midnight on April 15th, when the Kentucky Constitution requires lawmakers to adjourn. But, in order to override any vetoes Governor Steve Beshear might make, lawmakers must approve a final budget by Friday.
Following less than four hours of negotiations in the fifth day of budget bargaining, Kentucky House and Senate leaders concluded budget talks Sunday evening still failing to reach an agreement on the state's two-year budget. A House proposal to borrow money to pay for school, water, sewer and road projects appears to be the major sticking point between the Republican-controlled Senate and the Democratic-controlled House...an idea rejected by the Senate. The General Assembly has only four official working days remaining in the 60-day session, and lawmakers are currently scheduled to recess for the veto period on Tuesday and return on April 12th and 13th to finish their work for the year. Their ultimate deadline isn’t until midnight on April 15th, when the Kentucky Constitution requires lawmakers to adjourn. But, in order to override any vetoes Governor Steve Beshear might make, lawmakers must approve a final budget by Friday.
# posted by Homer Owens @ 10:26 PM 
