State EITC Would Help Working Kentuckians Afford Necessities
A state Earned Income Tax Credit (EITC), which is included in Governor Beshear’s tax proposal, would help several hundred thousand...
Analysis
Increase in Tipped Minimum Wage Is Long Overdue
Stagnant or falling real wages for many Kentucky workers threatens their standard of living and is leading to growing income inequality. One of the causes of inadequate wages is the...
Statement on Governor Beshear’s State of the Commonwealth Address
KCEP Director Jason Bailey released the following statement on Governor Beshear's State of the Commonwealth address: "Governor Beshear rightly focused his speech on the need for more resources to help...
Official Revenue Estimate for Next Budget Slightly Worse than Weak October Forecast
The group of economists charged with predicting how much revenue Kentucky will have in the coming budget cycle approved a very modest revenue forecast for the next budget that’s slightly...
New Report Shows Continued Higher Education Gaps for Disadvantaged Students Alongside Funding Cuts
The state’s most recent accountability report for higher education—released this week—shows some progress in many areas but big challenges in college affordability and in addressing postsecondary degree attainment gaps for...
Cut-off in Unemployment Benefits Would Hurt Thousands of Kentuckians and the Economy
53,000 long-term unemployed Kentuckians will lose crucial income support in the next year if Congress does not reauthorize Emergency Unemployment Compensation (EUC), according to a recent report by the Center...
Preliminary Forecast Predicts Weakest Revenue Growth Since Recovery Began
Kentucky currently expects to craft its next two-year budget with the least amount of new General Fund revenue it has had since the recovery began. This bad news comes despite...
Sequestration Cutting Housing Assistance for Thousands of Low-Income Kentuckians
As many as 4,000 fewer low-income Kentucky families will receive rental assistance by the end of 2014 if Congress does not reverse or substantially mitigate the damage done by sequestration...
875,000 Kentuckians to See a Cut in Food Assistance Beginning Today
Beginning today, 875,000 Kentuckians will see their food assistance benefits cut when a temporary boost to the Supplemental Nutrition Assistance Program (SNAP, formerly known as food stamps) expires. All of...
Budget Cuts Further Widen Education Funding Gaps
Cuts to state and federal funding for education are leading to greater reliance on local revenue sources and exacerbating funding inequity between school districts, as described in a Louisville Courier-Journal...