Beshear Faces Budget Shortfall

Kentucky Gov.-elect Andy Beshear faces a budget shortfall estimated to exceed $1 billion as he prepares a state spending plan to submit to lawmakers early next year, according to a memo from outgoing Gov. Matt Bevin’s administration.The memo from Bevin’s budget director, John Chilton, said additional funding will be needed for pensions, corrections, Medicaid and employee health benefits.

Source: MG News

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