A small sign this may soon change came in the form of a front page article in Saturday's Lexington Herald Leader headlined "Kentucky's financial outlook lowered to 'negative' because of pension woes."
Deep in the article was a quote from Moody's, a ratings agency who isn't as susceptible to political spin.
"Kentucky's credit outlook is negative. While revenue growth has improved, the commonwealth's sizable budget deficits over the past few years led to a depletion of reserve balances and borrowing for budget relief."
Republicans and Democrats alike tell their constituents how hard they work each year to "balance the budget." It's baloney. Spread the word, please.
