What’s a billion dollars between friends?

Frankfort politicians heaped more than $1 billion in new debt on Kentuckians in the fiscal year that ended June 30.

That’s according to data buried deep in a new report issued today by the Beshear administration’s Office of Financial Management. The OFM (the same people who last week pulled down the only site clearly displaying debt statistics) probably isn’t going to send out a press release with this information.

The Beshear administration is still reporting a $157 million budget surplus for the fiscal year and his Republican opponent, Senate President David Williams, hasn’t mentioned the discrepancy.


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