Last January, The Washington Post ranked Kentucky's gubernatorial race as the most important one to watch in 2011.
It never materialized in the fall because the best points of attack against Gov. Steve Beshear (tax increases, massive bonded debt and underfunding of the state employee benefits plans) all applied equally to Republican nominee Senate President David Williams.
In fact, an actuarial report out today from the Kentucky Retirement Systems showed the legislature over the last four years cut short their required payments into the pension plans by more than $2 billion.
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