Beshear warns of budget for next year

‘This would be like letting Kentucky go bankrupt’
Kentucky Gov. Andy Beshear

FRANKFORT, Ky. — Gov. Andy Beshear sent a dire warning about next year’s budget if the state doesn’t receive additional federal assistance amid the coronavirus pandemic. Beshear spoke about the state budget during his most recent COVID-19 update Tuesday.

The governor said the coronavirus has “decimated every state budget across the country.”

He said Kentucky will need additional stimulus to avoid “the largest cuts that we’ve seen in history.” According to Beshear, Kentucky could see a $1.1 billion shortfall in the next fiscal year without additional federal assistance. “This would be like letting Kentucky go bankrupt,” Beshear said.