Saturday, May 29, 2010
KENTUCKY APPROVES BUDGET!!
KENTUCKY...
The Kentucky Senate has overwhelmingly passed a lean state budget that calls for spending cuts across much of state government. Lawmakers approved a new $17 billion spending plan for the next two years. They came to a final agreement on the fifth day of a special session that started on May 24. The session costs Kentucky taxpayers about $63,000 a day. By approving the budget, lawmakers avoided partial government shut down July 1, the first day of the new fiscal year. With any budget comes cuts, but this budget promises no new taxes. Although it is a Saturday, the House and the Senate will be back in session on May 29at 2 p.m. Lawmakers cannot adjourn before the budget is printed, which takes 12 hours. The House and Senate have yet to vote on a transportation budget or a road plan, but those do not interfere with the new state budget, which will now go to Gov. Steve Beshear.
The Kentucky Senate has overwhelmingly passed a lean state budget that calls for spending cuts across much of state government. Lawmakers approved a new $17 billion spending plan for the next two years. They came to a final agreement on the fifth day of a special session that started on May 24. The session costs Kentucky taxpayers about $63,000 a day. By approving the budget, lawmakers avoided partial government shut down July 1, the first day of the new fiscal year. With any budget comes cuts, but this budget promises no new taxes. Although it is a Saturday, the House and the Senate will be back in session on May 29at 2 p.m. Lawmakers cannot adjourn before the budget is printed, which takes 12 hours. The House and Senate have yet to vote on a transportation budget or a road plan, but those do not interfere with the new state budget, which will now go to Gov. Steve Beshear.