Four Revenue Options that Should Be on the Table
The Kentucky legislature is debating ways to address the hole in the state’s Medicaid budget. The options under consideration include...
Research
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...
Senate Budget Proposes $148 Million in Cuts
Both the House and Senate versions of House Bill 305 close a sizeable hole in the state’s Medicaid budget for 2011. The House version claims potential savings through use of...
Testimony on HB 318: Tax Reform
Thank you Mr. Chairman and members of the committee. My name is Jason Bailey, and I am Director of the Kentucky Center for Economic Policy. Three strengths of HB 318:...
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...
Testimony on HB 182: Payday Lending
Testimony on House Bill 182--Limiting the Interest Rate on Payday Lending to 36 Percent House Banking and Insurance Committee, Kentucky General Assembly February 16, 2011 Melissa Fry Konty, Ph.D. Research...
Farmer’s High-Risk Overhaul Creates Imbalance in Kentucky’s Tax System
House Bill 196, sponsored by Representative Bill Farmer, proposes to overhaul Kentucky’s tax system by eliminating income taxes on individuals and corporations while greatly expanding the sales tax base. The...
Kentucky Will Forego $90 Million for Jobless Workers Unless Unemployment Insurance Updates Made by August
Kentucky stands to miss out on $90 million in federal incentive monies unless it enacts measures by August 2011 to modernize its unemployment insurance system. Those changes would increase access...
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...