Budget Talks Begin

Budget Talks Begin

House and Senate leaders began negotiating over the final version of the state's two year spending plan Monday while a symbolic yard sale occurred on the back porch of the state capitol.
Kentucky Senate and House leaders began negotiations Monday on a two year spending plan for the state.  At the same time, outside the capitol, a symbolic yard sale was going on to make a point about the need for more revenue.
 
The demonstrators were underscoring what they believe is the need for a more equitable tax system which could increase revenue by more than 400 million dollars a year.  “I feel like we’re just working on the present and not thinking about the long term effects,” said Rosanne Klarer, a retired teacher from Scott County.
 
Lawmakers are in talks about a $19.5 billion dollar budget for the next two years which would slash funding to most agencies, but not raise taxes. 

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