Gov. Matt Bevin has proposed 9 percent cuts to most state government agencies over the next two years in an effort to reduce state spending by $650 million.
Bevin proposed his first budget on Tuesday evening in an address to the Kentucky General Assembly, which will use much of the 2016 session to forge a state spending plan based, at least in part, on Bevin’s proposal.
Bevin, a Republican, entered office last month promising to put Kentucky’s “financial house in order.” His Democratic predecessor, Steve Beshear, offered an optimistic outlook of Kentucky’s fiscal shape before he left office. But Bevin has taken a dimmer view, citing underfunded pension systems and a $250 million payment for expanded Medicaid.
Bevin said Tuesday he would also issue an executive order to cut state spending by 4.5 percent across the board during the current fiscal year, which ends in June.
During a meeting with reporters Tuesday before his formal budget address, Bevin said individual cabinet secretaries would responsible for cutting the budgets of state agencies they oversee.