The Wealthiest Kentuckians Would Be Runaway Winners from Federal Tax Cut Extension
The 2017 federal Tax Cuts and Jobs Act (TCJA) provided substantial windfalls to America’s highest earners at the expense of...
Federal Tax and Budget
How At-Risk Federal Discretionary Funds Are Important to Kentucky
Click to view as PDF. Similar to President Trump’s initial budget blueprint, or “skinny budget,” his full budget proposal slated for release next week is expected to include cuts to...
What Will the Debt Ceiling Cuts Mean for Kentucky?
We don’t yet know what cuts Congress will make as a result of the deal made to raise the debt ceiling, and thus what the specific impact on Kentucky will...
Federal Medicaid Cuts Would Harm Kentucky’s Health and Economy
Among the budget options being debated in Washington are cuts in federal support for the Medicaid program. A new report by Families USA finds that in addition to impacting Kentuckians’...
Extending Federal Tax Cuts Would Double the Deficit for the Benefit of the Wealthiest
Ten years ago, large federal tax cuts were signed into law by President Bush. Those cuts are now set to expire at the end of 2012. Extending them beyond that...
House Budget Would Make Steep Cuts to Needed Services in Kentucky
The U. S. House of Representatives recently passed a budget plan for 2012 and beyond that would dramatically reduce the federal government’s role in supporting basic economic security and make...
House Federal Budget Proposal Means Major Cuts in Kentucky from Head Start to Clean Water
The House federal budget proposal for 2011 would reduce educational opportunity for thousands of Kentucky pre-school kids, college students, and adults needing job training; eliminate funding for the home weatherization...
Testimony on SCR 134: Balanced Budget Amendment
Jason Bailey, Director, Kentucky Center for Economic Policy Thank you Mr. Chairman for the opportunity to speak on this resolution. My name is Jason Bailey, and I am Director of...
Paul Budget Would Cut $1 Billion from Education in Kentucky
Senator Rand Paul’s federal budget proposal would cut approximately $1 billion on an annual basis from education in Kentucky, creating a big hole in the K-12 budget while reducing support...
Using the Federal Income Tax Cuts to Help Address Kentucky’s Budget Challenge
The federal tax compromise passed by Congress in December included extensions to income tax cuts resulting in over $1 billion in tax breaks to the wealthiest 5 percent of Kentuckians...