Democratic Gov. Steve Beshear has signed an order to plug a $91 million hole in Kentucky's $9.5 billion state budget.
State officials announced the shortfall last week following sluggish collections on state income taxes. Beshear's order Wednesday cuts just $3 million in state spending. Beshear made up the rest by transferring money from other sources, including $21.2 million from the state's reserves.
State officials said they had few options to make up the deficit because the shortfall came at the end of the fiscal year when most of the money had already been spent.
With the fall election 20 weeks away, the two major gubernatorial slates in Kentucky are beating the bushes for campaign dollars. So far, Democratic Gov. Steve Beshear and his running mate, Jerry Abramson, are out-raising Republican Senate President David Williams and his running mate Richie Farmer, but both campaigns are loading up for the fall campaign.
Gov. Steve Beshear's campaign says the list of Republicans backing the Kentucky Democrat's re-election bid this fall is growing. But the man Beshear faces this fall says there are many reasons why some Republicans would be donating to a sitting governor's re-election campaign. On the day before Kentucky Republicans held their post-primary unity rally at GOP headquarters in Frankfort, Gov. Beshear's campaign released the names of 70 Republicans backing his re-election bid. Among the names was former lieutenant governor Steve Pence.
In the wake of Tuesday’s primary election, Kentucky Republicans, including Senate President David Williams, will hold a unity rally Saturday at state GOP headquarters in Frankfort. But the man Williams faces in the fall is already trying to spoil the party.