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Mon February 27, 2012
Budget Chairman Foresees No Major Budget Overhaul
Kentucky House Appropriations and Revenue Committee Chairman Rick Rand says he expects no major overhaul of Governor Steve Beshear's budget proposal. Rand says House lawmakers will likely do some "fine tuning" but Governor Beshear's 19 and a half billion dollar two-year budget proposal won't undergo wholesale changes. Lawmakers spent Sunday at the Capitol examining the budget proposal, which could be presented to House lawmakers for a vote within two weeks. Rand says he expects the almost 8 and a half percent cuts Beshear proposed for most government agencies will largely stay in place. He says he expects no pay raises, and no tax hikes.