FRANKFORT, Ky. (KT) – There was some excellent news for state finances on Tuesday as Kentucky’s General Fund saw a huge reversal from a decline in September, to a sharp increase in October. The State Budget Director’s office reported October’s General Fund receipts rose 11.5 percent, or $94.7 million, over last year’s total. Revenues for…… more »
Most American workers can’t get pensions anymore, though state and local government employees are an exception. But their pensions — providing regular income in retirement — have become a costly burden for states and their citizens. Many state pension plans, covering government workers at both the state and local level, are underfunded. There’s not enough…… more »
HYDEN, Ky. – Mary Simpson doesn’t put her faith in politicians. She’s relying on God to one day resurrect the coal companies or some other industry that will bring jobs and prosperity to Leslie County. Sitting at a four-top table in the nearly empty restaurant she and her husband opened in May on Main Street…… more »
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