Revenue Forecast Shows Continued Deterioration of State Tax System
The new long-term revenue forecast of the state’s Consensus Forecasting Group (CFG) suggests that Kentucky’s tax system will continue to...
Blog
Kentucky’s Joblessness a Big Reason to Protect SNAP
House Republican leaders are calling for even deeper cuts to the food stamps program, known as SNAP (Supplemental Nutrition Assistance Program), after the cuts they considered last month didn’t go...
Graphic: New Revenue Wouldn’t Even Cover Basic Costs
The graphic below shows that the modest revenue growth recently predicted for the first year of the next budget ($259 million) is not enough to cover even Kentucky’s most basic...
Another Bad Year for Kentucky Workers’ Wages
Real wages for Kentucky workers fell again last year, continuing a slide that began in 2001. Congress’ unwillingness to spur a stronger economic recovery and act on policies like raising...
Small Budget Surplus Provides Little Reason to Celebrate
Kentucky ended fiscal year 2013 with a $70.6 million surplus in the General Fund – about $30.6 million from lower-than-expected spending in a few areas and $40 million from revenue...
875,000 Kentuckians Will See Cuts to Food Assistance This Fall
New Report: “SNAP Benefits Will Be Cut for All Participants In November 2013” 875,000 Kentuckians Will See Cuts to Food Assistance This Fall 875,000 people in Kentucky will see a...
Kentucky Program Led the Way in Helping Low-Income Adults Get Higher Education, but Barriers Growing
Kentucky adopted innovative policies beginning in the late 1990s to help low-income adults attend community college while receiving the supports they need to succeed in school. But shrinking public dollars...
Budget Cuts Stack Up: Kentucky Faces the Eighth Largest Decrease in Federal Grants Among States
Kentucky will receive $162 million less in federal grant funding in 2013 than it did in 2012, according to a new brief by the Economic Policy Institute (EPI). The report...
Kentuckians Face Challenges in Accessing the GED in 2014
Kentucky adults without a high school diploma will find it more difficult to earn a GED (General Education Development test credential) beginning in January 2014. Due to upcoming changes in...
Kentucky’s 2013 Revenue Growth Lower than Many Other States
While current trends suggest that Kentucky's General Fund revenue may exceed the official forecast for the year ending June 30, the state's revenue growth is less than what other states...