Wednesday, May 12, 2010
Budget Deadline Looms
KENTUCKY...
Gov. Steve Beshear has said lawmakers must pass a budget by July 1 or Kentucky could see a partial shutdown of state government impacting thousands of jobs. With the clock ticking legislators still are deadlocked, but the House Speaker says the governor could provide the key. A Beshear spokesperson says the administration is working on some sort of possible proposal. After 60 days of talking the 2010 regular session ended in a stalemate. The House's 367 page budget called for big construction projects to create jobs. The Senate's 265 page document cut costs virtually across the board. House Speaker Greg Stumbo (D-Prestonsburg) predicts the Governor's office may provide the necessary compromise to break the stalemate. Gov. Beshear has set May 24 as the date for the special session.
Gov. Steve Beshear has said lawmakers must pass a budget by July 1 or Kentucky could see a partial shutdown of state government impacting thousands of jobs. With the clock ticking legislators still are deadlocked, but the House Speaker says the governor could provide the key. A Beshear spokesperson says the administration is working on some sort of possible proposal. After 60 days of talking the 2010 regular session ended in a stalemate. The House's 367 page budget called for big construction projects to create jobs. The Senate's 265 page document cut costs virtually across the board. House Speaker Greg Stumbo (D-Prestonsburg) predicts the Governor's office may provide the necessary compromise to break the stalemate. Gov. Beshear has set May 24 as the date for the special session.