Stumbo predicts speedy turnaround on proposed budget with negotiations to begin Monday
03/23/2012 02:20 PM
House Democratic leaders say a budget compromise is likely, and expect the middle ground can be reached by the end of next week.
House Speaker Greg Stumbo, D-Prestonsburg, told reporters at the Capitol Friday that the two chambers were fairly close. He said some missing pieces from the House version of the budget — such as the use of multi-county coal severance tax money to pay for scholarships for Eastern Kentucky students to go to college — could have been a hold out as a negotiating point for senate budget plans.
“We may have approached it in a different manner but at least we’re addressing the issues,” Stumbo said. “If that’s the case we ought to be able to come to some middle ground to formulate a budget.”
A conference committee to help negotiate the budget plans is expected to meet on Monday.
Below the Fold
SACS says "chill" on accreditation concerns at UofL; Stivers raised concerns with nominating commission
Ethics commission summoned former Personnel Cabinet employee for interview months before report's release
Education, pro-business, public pension and tax reform legislation await lawmakers when they return to Frankfort in February
Subscribe and get the latest political intelligence delivered to your inbox.