Taxes do little for shortfall

by Rep. BRAD MONTELL

R-House Dist. 58

The legislature approved last week a rescue plan to plug the projected $456 million hole in the state budget this fiscal year with a combination of new revenue, spending cuts and fund transfers. The plan, which was passed by the House on Wednesday and cleared the Senate Friday, is contained in two bills that House and Senate leaders were able to reach consensus on in recent weeks. The bills will take effect immediately upon Governor Steve Beshear’s expected signature.

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