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Budget & Tax

Analysis

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...

Dustin Pugel | May 28, 2020

Analysis

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...

Dustin Pugel and Jason Bailey | May 22, 2020

Analysis

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...

Pam Thomas | May 21, 2020

Analysis

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...

Pam Thomas | April 30, 2020

Report

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...

Jason Bailey | April 29, 2020

Analysis

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...

Jason Bailey | April 7, 2020

Analysis

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...

Jason Bailey | April 3, 2020

Report

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...

Jason Bailey | April 1, 2020

Analysis

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...

Ashley Spalding | March 23, 2020

Analysis

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...

Anna Baumann | March 19, 2020

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Budget & Tax News

1 Beshear Makes Another Bid to Raise Teacher Salaries, Boost Education Funding in Budget

2 With Budget Talks Coming, Report Suggests New Revenue Is Needed in Kentucky

3 The Economic State of the State

4 Statement on Failed Senate “Skinny” Aid Proposal

5 Challenges Arise in Face of No New Stimulus Funds

View All Budget & Tax News Items

The Experts

$2,000 Checks Would Provide More of the Relief Kentuckians Need

Jason Bailey

Defeating the Pandemic and Building a Robust Recovery: A Preview of the Budget of the Commonwealth

Ashley Spalding

Any Action on Proliferating Slot Machines Must Raise Artificially Low Tax Rate

Pam Thomas

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