Kentucky Job Numbers Beg for Federal Action
Now that the artificial crisis associated with raising the debt ceiling is over, the country must turn to the big...
Report
What Will the Debt Ceiling Cuts Mean for Kentucky?
We don’t yet know what cuts Congress will make as a result of the deal made to raise the debt ceiling, and thus what the specific impact on Kentucky will...
2011 Revenue Results a Reminder of Importance of State Income Taxes
The $166 million in state revenues above projections for the fiscal year that just ended are helping prevent additional cuts to critical state services. They are also a reminder of...
Federal Medicaid Cuts Would Harm Kentucky’s Health and Economy
Among the budget options being debated in Washington are cuts in federal support for the Medicaid program. A new report by Families USA finds that in addition to impacting Kentuckians’...
Corporate Taxes Important to Meeting Kentucky’s Needs
Taxes on corporations help pay for needed investments in education, infrastructure and other areas. Yet some legislative leaders have floated the idea of eliminating the corporate income tax. Rather than...
Extending Federal Tax Cuts Would Double the Deficit for the Benefit of the Wealthiest
Ten years ago, large federal tax cuts were signed into law by President Bush. Those cuts are now set to expire at the end of 2012. Extending them beyond that...
House Budget Would Make Steep Cuts to Needed Services in Kentucky
The U. S. House of Representatives recently passed a budget plan for 2012 and beyond that would dramatically reduce the federal government’s role in supporting basic economic security and make...
What Are Taxes For?
Tax Day is an important time for Kentuckians to consider the role of government in our state and nation. Taxes are a critical tool for doing things together that we...
Kentucky’s Economy a Long Way from Full Recovery
While recent announcements of positive job growth are good news for the country, the difficult economic situation will not end soon and neither will the related challenges for the state...
Governor’s Veto Means Budget Depends on Managed Care Savings and Anticipated Revenue
Governor Steve Beshear’s selective veto of legislation addressing the hole in the Medicaid budget means no additional budget cuts at this time. Instead, the budget will depend on possible Medicaid...