Thursday, January 05, 2012

Beshear: I'll gladly tell you Tuesday, 1/17

A request to the Beshear Administration for the state's current debt ratio just resulted in the following response: the answer will be in the Governor's Executive Budget document on Tuesday, January 17.

The debt ratio is simply the current amount of appropriation supported debt service as a percentage of current revenue. It should be a pretty easy number to track down for the people who keep the books.

My best guess is that the number, whenever it is revealed, will have more than doubled since 2010 in a bipartisan Frankfort orgy of spending and borrowing.

Today is Day Two of Beshearmageddon.