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Stumbo: Beshear’s budget plan spares education, Medicaid; cuts most other agencies 2.9%

Source: bluegrasspoliti Posted By: Scuplin K...4617 days ago

Gov. Steve Beshear’s plan to deal with a projected $996 million budget shortfall will not call for cutting higher education, the main funding formula for K-12 education and Medicaid, according to House Speaker Greg Stumbo.

Most other state agencies would face a 2.9 percent reduction, he said.

Beshear outlined his plan to address the budget shortfall for fiscal year 2010, which begins July 1, in a private meeting Wednesday with legislative leaders. He has scheduled a news conference for 3 p.m.....

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