Memo says Gov.-elect Beshear facing massive budget shortfall
LOUISVILLE, Ky. – A memo from outgoing Gov. Matt Bevin’s administration says Gov.-elect Andy Beshear faces a massive budget shortfall as he prepares to take office. The memo from Bevin’s budget director estimates the shortfall could exceed $1 billion over the next two years. The memo says additional funding will be needed for pensions, corrections, Medicaid and employee health benefits….
