Monday, February 19, 2007

Jonathan Miller On Board Against HB 184

I have to admit I thought it was great in 2005 when the budget negotiators in Frankfort secretly returned $13.7 million to the General Fund that had been taken to fill the actuarial hole in the money-losing KAPT program. And seeing that Treasurer Jonathan Miller is still chapped about it did cause me to giggle just a little bit:

We saw how harmful this practice could be when this procedure was used to try to raid $14 million from the KAPT (Kentucky's Affordable Prepaid Tuition) program, a trust fund we established to help Kentucky families save for their children's higher education. Even though 95% of the legislature supported KAPT and would have opposed this attempt to rob the KAPT families of their hard-earned savings, they were misled by a few of their leaders and were forced to vote on this huge budget bill that they had not had a chance to digest completely.


Despite the fact he is nearly $300k off in his telling of the story -- only a rounding error for our not-so-precise state Treasurer -- Jonathan Miller deserves credit for expressing opposition to HB 184 the day before it comes up for a vote in the House.

This should serve as a lesson to those complacent souls who plan to sit quietly by while our General Assembly shuts us out of the legislative process. The sneakiness they seek to legitimize tomorrow won't always go your way.