Saturday, 23 February 2008
In a Pickle
When we first started hearing Beshear decry the state's financial situation, I knew immediately that the reason for the dire predictions was to promote casino gambling. Just last week, Beshear told college students that he wouldn't have to cut college education if casino gambling legislation passed.
It hasn't taken long as the chairman of the House budget committee talked Friday about raising taxes as much as $400 million.
Addressing several hundred raucous students from the state's eight public universities, Beshear said that higher education is a top priority for his administration but that more revenue is needed to pay for it.Beshear thought he would be able to rally all the Democrats to his casino bill. Of course, I knew that the law of unintended consequences would strike. It turns out the "shortfall" only prompted tax and spend Democrats in his party to use it as an excuse to call for higher taxes.
"This budget does not contain enough money for higher education," he said.
Beshear told the group he has proposed a revenue source -- casino gambling -- that could bring in as much as $600 million more to the state each year.
It hasn't taken long as the chairman of the House budget committee talked Friday about raising taxes as much as $400 million.
The chairman of the House budget committee said yesterday he hopes to craft a tax bill that could raise as much as $400million in annual revenue to restore cuts proposed in Gov. Steve Beshear's budget.Now Beshear has found himself in a pickle. He is going to have to pass his casino gambling amendment or face the decision of going along with huge tax increases or telling people that the "deficit" isn't as bad as originally forecasted. Neither of those decisions will be good for him politically. Therefore, he has no choice but to throw everything he has at casino gambling. Look to see a more intensified effort from Beshear to get the casino gaming through. Otherwise, he will be faced with falling into an abyss that may consume his administration. Meanwhile the real issues facing Kentucky go unresolved.
Rep. Harry Moberly said the severity of the proposed cuts has driven him to try to find more revenue than the roughly $200million a year he spoke of early this month.
"I'm looking at proposals that would be anywhere from $240million to $400million each year," he said in an interview.
Posted by at 4:58 PM in Kentucky Politics
