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Budget & Tax

Op-Ed

Time to Put End to Wrong-Headed Pension Bill

The pension bill stumbled in the Kentucky Senate last week and was sent back to committee. It's the latest in...

Jason Bailey | March 12, 2018

Analysis

House Budget Relies Heavily on Monies from Kentucky Employees’ Health Plan

The House budget will more than drain the Kentucky Employees' Health Plan trust fund of surpluses built up in recent years – resources that have accumulated due in part to...

Jason Bailey | March 6, 2018

House Takes $480.6 Million from Public Workers’ Health Plan to Balance Budget

House Takes $480.6 Million from Public Workers' Health Plan to Balance Budget By Daniel Desrochers

Lexington Herald-Leader | March 1, 2018

Report

House Budget Raises Revenue, Prevents Some Education Cuts

Click here to download a PDF of KCEP’s analysis of the House's budget. In their budget for 2019-2020, the House is proposing to raise some new revenue — mostly from...

Jason Bailey | March 1, 2018

Analysis

Pension Bill Doesn’t Save Money for KRS, Revised Teacher COLA Cut Changed Little

The pension bill SB 1 is not a cost saver for the Kentucky Retirement Systems (KRS), according to the actuarial analysis of the bill released today. And a change to...

Jason Bailey | February 28, 2018

Analysis

Four Main Ways House Criminal Justice Bill Creates Savings

The criminal justice reform bill that follows recommendations from the state’s Criminal Justice Policy Assessment Council, House Bill 396, is scheduled to be heard in committee this week. Supporters of...

Ashley Spalding | February 27, 2018

Analysis

Governor’s Proposed Additional Investment in Justice System Still Limited

Even with some increased investment in the justice system proposed in the governor’s budget, many areas within the system would continue to just get by, while others would be facing...

Ashley Spalding | February 26, 2018

Analysis

What’s In the Senate Pension Bill

The Senate’s pension legislation, introduced as SB 1, includes cutting teachers' cost of living adjustments, moving new employees into a less secure hybrid cash balance plan and requiring an expensive method of...

Jason Bailey | February 21, 2018

Analysis

Switching to 401ks Is a Lose-Lose

It’s a bad idea for Kentucky to shut down its pension plans and move new teachers and public employees into less efficient 401k-type defined contribution (DC) plans. State and local...

Jason Bailey | February 12, 2018

Analysis

Gang Bill Unproven and Costly Approach

House Bill 169 proposes to make charges and related sentences much harsher for some crimes committed by individuals identified as gang members. This is an unproven approach to addressing gang...

Ashley Spalding | February 6, 2018

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Budget & Tax News

1 ‘The Money Is There’: Kentucky Together Coalition Calls on Lawmakers to Pass a Budget that Delivers

kentucky together press conference

2 Coalition: Kentucky Has the Money for a Budget That Delivers

3 What Could Kentucky Do With $1.2 Billion a Year? 

4 ‘Transformational’ or a ‘Reckless’ Spending Spree? A Kentucky Economic Think Tank and the State’s Leading Republican Take on Democrats’ Latest Legislation

5 “Nothing Like This in the Country.” “Enormous” West End TIF District Would Be Kentucky’s Largest.

View All Budget & Tax News Items

The Experts

Kentuckians Need a New Trade Policy, Not a Chaotic Trade War

Jason Bailey

Federal Funding Cuts to Medicaid and Public Health Will Worsen Kentucky’s Opioid Crisis

Ashley Spalding

Children in the Balance: Kentucky Reforms Successfully Diverted More Kids from Detention, but Now Those Gains Are at Risk

Pam Thomas

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