Greg Stumbo

Stumbo Advocates Higher Minimum Wage in Kentucky

Jan 3, 2014
Kentucky LRC

Kentucky House Speaker Greg Stumbo is sponsoring legislation that would raise the state's minimum wage. House Bill 1 would raise the rate from $7.25 an hour to $10.10 an hour over three years.

Stumbo says the increase is needed to keep wages in line with inflation, and would help struggling working-class families across the Commonwealth.

“There needs to be something done to help level the playing field for people who work for minimum wage,” said Stumbo. “It needs to be raised, it’s not been raised since 2009, it’s been eroded obviously by inflation and cost-of-living, so, you’re gonna hear us talk about issues that deal with real, live, working Kentucky families, and try to make their lives easier and better.”

With a full time job, $7.25 an hour brings in $15,000 a year. Stumbo says that's not enough, and his raise would give full-time minimum wage workers about $21,000 a year.

“There’s been studies that show that small business owners agree that raising the minimum wage stimulates the economy, it makes for a better workplace.”

Republican Senate President Robert Stivers has indicated he would not support the plan.

Kentucky LRC

Kentucky’s budget priorities for 2015 could require nearly $1 billion in revenue that the  state doesn’t have.

House Speaker Greg Stumbo told a group of business leaders earlier this month that the cost of  funding priority issues like education, public employee raises and more could total an estimated $800 million.

“It would probably be more of a number like $700 to $800 million--and some would argue larger than that. It just depends upon how big a bite of the apple you want to take, but I don’t think we can do that.”

Stumbo says the recession is the driving force behind the shortfall, and Kentucky’s economic growth rate will return to pre-recession levels in about two to three years in the absence of tax reform.

Gov. Steve Beshear will submit his budget proposal to the General Assembly next month.

Kentucky Lawmakers Facing Major Budget Gap in 2014-15

Dec 16, 2013
Kentucky LRC

New revenue in Kentucky’s upcoming biennial budget will not be enough to account for an estimated $450 million shortfall.

Lawmakers expect about $230 million in new revenue to be available for the budget. But House Speaker Greg Stumbo recently told a group of Kentucky’s top business leaders that more than half of that money will be used to pay down the state’s pension debt

“In about a $12 billion budget, it looks like there might be somewhere around a $100 million of new dollars, which is not even gonna allow us, quite frankly, to maintain status quo because just the cost of inflation," the Democratic House Speaker said.

Stumbo’s comments echoed those made by State Budget Director Jane Driskell, who has warned that budget cuts can be expected.

The Consensus Forecasting Group will meet this Thursday to provide the legislature with final budget numbers.

Kentucky House Speaker Not Worried About GOP Gains

Dec 12, 2013
Kentucky LRC

Kentucky House Speaker Greg Stumbo doesn't think this week's Republican victory in a special election is a sign of waning Democratic power in the chamber.

Republican Suzanne Miles bested Democratic challenger Kim Humphrey by about a hundred votes in a special election to fill a vacancy in West Kentucky’s 7th District.

Miles’ victory erodes Democrats’ majority in the House down to 54 seats against the Republicans’ 46. And Stumbo says he doesn’t think any House Democrats will change parties to curry favor with a potential GOP majority.

“We might have a Republican or two that flips, but I don’t think you’re gonna see any Democrats that do it … And we congratulate Ms. Miles and look forward to serving with her. It’s [sic] a close race, hundred votes or so … and I expect that, I expect that, I don’t think there’ll be any changes either way.”

The seventh district seat opened up after Democratic Rep. John Arnold resigned during a growing sexual harassment scandal. Arnold won re-election in 2012 by just five votes.

Kentucky Legislative Heads Want Meeting to Replace Sherman

Sep 28, 2013
Kentucky LRC

Legislative leaders want to meet to choose an interim replacement for Bobby Sherman, the former director of the Legislative Research Commission who resigned last week.

House Speaker Greg Stumbo said Friday that legislative leaders need to also lay the groundwork for a search for a permanent replacement.
Sherman quit abruptly last Friday, saying in a resignation letter that he had been considering doing so for a long while. He created a dustup on Sunday when he returned to his Capitol office to clean out his desk and in doing so shredded some documents.
Now, state police have decided to investigate the shredding to see if any laws were broken. The meeting has been called for 1:30 p.m. EDT next Wednesday in Capitol Annex Room 125.