COVID-19 Downturn Is Hitting Certain Industries and Regions of the State Especially Hard
Kentucky lost 15.5% of its jobs in April due to the COVID-19 pandemic with industries like hotels, restaurants and manufacturing...
Budget & Tax
What’s in the HEROES Act for Kentucky
The U.S. House of Representatives has passed the HEROES Act, a bill that would provide the kind of substantial economic relief Kentucky and other states need in the face of...
Cities and Counties Need Federal Relief to Continue Providing Crucial Services
As with states, local governments in Kentucky and nationwide need significant federal relief if they are to continue providing crucial front line and community services through the COVID-19 pandemic. Measures...
New Forecast Shows Collapse in State Tax Revenues from COVID-19
Kentucky’s General Fund tax revenues will crater in the coming months due to the COVID-19 downturn, according to a new unofficial forecast released today by the Office of the State...
Lessons from the Great Recession: Kentucky and Other States Need More Federal Relief
PDF version: Lessons from the Great Recession: Kentucky and Other States Need More Federal Relief As the nation faces the economic fallout from the COVID-19 pandemic, it is critical that...
Kentucky’s Budget Faces Trouble Without More Federal Aid
The severe economic downturn caused by the COVID-19 pandemic spells trouble for Kentucky's budget. The state’s resources were already tight before the virus, but the resulting economic collapse will be...
What’s in the CARES Act for Kentucky
Congress has passed and the President has signed a new COVID-19 economic relief bill, the Coronavirus Aid, Relief and Security (CARES) Act. Here are some of its major provisions and...
Legislature to Pass Austere 1-Year Budget with Major Uncertainty as to Revenues
The legislative leaders meeting on an executive branch budget finalized a Free Conference Committee Report (FCCR) that covers only one year of the biennium and continues current funding levels for...
Kentucky Not Prepared for Next Recession
Amid the spread of COVID-19 and resulting business closures and layoffs, a recession is under way and could be particularly harmful in Kentucky due to the state’s failure to adequately...
SB 1 Would Harm Kentucky Kids, Economy
After receiving a second reading on the House floor yesterday, Senate Bill 1 (SB 1) continues to advance in the House, despite the harms to Kentucky kids and our economy...