Posts Tagged ‘Kentucky Chamber of Commerce’

Kerfuffle in Frankfort

Thursday, February 14th, 2013

There is a kerfuffle in Frankfort. And lawmakers are flummoxed.
Don’t you love those two words?
Kerfuffle: Disturbance; fuss.
Flummoxed: Confused.

Lawmakers in Frankfort are in a kerfuffle over the pension and are flummoxed over what to do to solve the plan’s mammoth unfunded liability.

The key word added to the sentence above that has created the kerfuffle and caused lawmakers to be flummoxed is pension.

A pension is a gratuity granted (as by a government) as a favor or reward; one paid under given conditions to a person following retirement from service or to surviving dependents.
By the way, it is French and we all know the condition of that country’s financial system.

The recommendations of a task force that studied the pension challenges facing Kentucky, and a bill, authored by task force co-chair Sen. Damon Thayer, have passed the Senate. Senate Bill 2 calls for full funding of the Kentucky Retirement Systems. The bill does not spell out where that funding will come from.

This is weighing on the minds of many in the commonwealth. State workers and retirees, mayors, employers, the governor, the business community, and the Kentucky Chamber of Commerce want to see a plan to address the staggering unfunded liability.

The president of the Kentucky Chamber of Commerce, Dave Adkisson, is on ‘One to One’ this weekend. He talked about the pension issue and other matters the chamber would like to see the General Assembly address this year.

Adkisson also said he’s optimistic about the improvements Kentucky has made in education at all levels.

Adkisson talked about the state’s Medicaid concerns and how difficult it might be to plan and budget for that program in the future.

‘One to One’ airs Sundays at 1 pm ET on KET

Kentucky Chamber of Commerce Initiatives

Tuesday, February 28th, 2012

The second item on page 16 of the Kentucky Chamber of Commerce’s 2012 Legislative Agenda reads, “Expand Gaming to Support Kentucky’s Equine Industry.” Chamber members can now take a red marking pencil and draw a line through that initiative for this session of the General Assembly.

As we discussed Monday night on Kentucky Tonight, the effort to put a constitutional amendment on the November ballot to approve expanded gambling failed to pass the state Senate last week. But, according to Dave Adkisson, president of the Kentucky Chamber, there is still time left in the session to pass meaningful and important legislation his members are supporting.

Along with prioritizing state government spending, modernizing Medicaid, improving the health and wellness of all Kentuckians, which would include enacting a statewide smoke-free law—the chamber has always pushed a number of education goals.

In this “After the Show” segment, Adkisson told me some of the issues the chamber would continue to work on during this session of the General Assembly.

Kentucky Tonight is an hour-long public affairs discussion program broadcast live on Monday night at 8/7pm pm CT on KET. Stay tuned to KET, KET2, and KET KY for more.

Expanding Gambling: Still an Issue Despite Last Week’s Vote

Monday, February 27th, 2012

On this evening’s Kentucky Tonight at 8/7 p.m. CT on KET and at, Bill Goodman and guests will discuss expanded gambling.

Scheduled guests are Corey Johnsen, president of Kentucky Downs and chair of the Kentucky Equine Education Project; David Adkisson, president and CEO of the Kentucky Chamber of Commerce and member of the Kentucky Alliance for Jobs; Martin Cothran, senior policy analyst for The Family Foundation; and Rev. Marian McClure Taylor, executive director of the Kentucky Council of Churches.

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