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Wed July 15, 2009
Adkisson on State Budget Balance
By Angela Hatton
Louisville, KY – A Kentucky business leader says the state takes in enough money to run, but lawmakers should do a better job of managing budget-busting programs such as Medicaid, prisons, and public employee health care. Kentucky Chamber of Commerce President Dave Adkisson says out-of-control spending in those areas has gobbled up too much of Kentucky's annual budget, and has reached "unsustainable" levels. Kentucky has the fourteenth highest state debt level in the U-S. Adkisson says finding ways to reduce spending on high-ticket programs is paramount to freeing up money for spending on education.