Kentucky Chamber of Commerce http://wfpl.org en Kentucky's General Fund Expected to Grow 2.5 Percent Over Next 2 Fiscal Years http://wfpl.org/post/kentuckys-general-fund-expected-grow-25-percent-over-next-2-fiscal-years <p>A panel of nonpartisan economists reports that Kentucky’s General Fund is expected to grow by just over 2.5 percent over the next two fiscal years.</p><p>That'll bring in about half a billion dollars. But in next year's budget, half of that will likely go toward pension payments, inflation on medical care costs and paying down nearly $160 million of a structural budget deficit.</p> Fri, 20 Dec 2013 15:00:00 +0000 Jonathan Meador 7966 at http://wfpl.org Kentucky's General Fund Expected to Grow 2.5 Percent Over Next 2 Fiscal Years In Wake of Financial Downgrade, Kentucky Business Leaders Call for Quick Pension Reform http://wfpl.org/post/wake-financial-downgrade-kentucky-business-leaders-call-quick-pension-reform <p></p><p><span style="line-height: 1.5;">Another change in Kentucky’s financial outlook has the state’s business leaders calling on the General Assembly for immediate pension reforms.</span></p><p><span style="line-height: 1.5;">Standard and Poor’s has changed Kentucky’s outlook to negative, citing the state's large unfunded pension obligations as the main reason.</span></p> Fri, 01 Feb 2013 17:02:25 +0000 Kenny Colston 3756 at http://wfpl.org In Wake of Financial Downgrade, Kentucky Business Leaders Call for Quick Pension Reform Kentucky Chamber Joins Hemp Supporters http://wfpl.org/post/kentucky-chamber-joins-hemp-supporters <p></p><p>Kentucky Agriculture Commissioner James Comer has landed a high-profile supporter for his efforts to legalize hemp in Kentucky.</p><p>The state’s largest business group, the Kentucky Chamber, has come out in support of industrial hemp for oil and fiber, provided there is a sound regulatory process.</p><p>Many of the state’s federal lawmakers support the issue as well, including Congressmen Andy Barr, John Yarmuth and Thomas Massie and Senator Rand Paul.</p><p>A bill to legalize hemp was filed in the Kentucky Senate Friday by the&nbsp; agriculture committee chair.</p> Fri, 11 Jan 2013 20:30:24 +0000 Kenny Colston 3384 at http://wfpl.org Kentucky Chamber Supports Right to Work Legislation http://wfpl.org/post/kentucky-chamber-supports-right-work-legislation <p>The Kentucky Chamber of Commerce is taking a firmer stand on conservative issues.</p><p>Republican legislators have criticized the chamber in the past for supporting Democratic-led proposals like expanded gambling and a higher dropout age while staying quiet on so-called right to work and prevailing wage laws.</p><p>But in <a href="http://www.scribd.com/doc/100352616/Jobs-Report">the chamber&#39;s latest annual report</a>, right to work and other conservative issues are more prominent.</p><p>Such legislation has caused lengthy political battles in other states, recently in Indiana.</p> Tue, 17 Jul 2012 21:00:11 +0000 Kenny Colston 1042 at http://wfpl.org