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Federal stimulus package could not come at a better time

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By Rick Rand

Back in February, when Congress passed and President Obama signed into law the federal stimulus package for the states, the only thing we knew for sure was that a significant amount of money was about to come our way.

It could not have come at a better time.  Economists predict the states are looking at a combined deficit of $250 billion between now and 2011, and in Kentucky, we have already cut nearly $900 million since Governor Beshear took office.  There is growing evidence that a significant deficit is likely during the next fiscal year as well.


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The Henry County Local | circulation@hclocal.com | 502-845-2858
18 South Penn, Eminence, KY 40019
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