Higher Education Might Not See Budget Cuts
FRANKFORT, Ky. (AP) -- Kentucky House Speaker Greg Stumbo says there's a "growing chance" that higher education will be spared from the full extent of suggested budget cuts.
Stumbo spoke to reporters Sunday during a break in budget talks among top House Democrats. They are trying to put the finishing touches on a state spending proposal for the next two years.
House budget writers recently suggested a 2 percent cut for public universities and colleges in the first year of the next budget and flat funding in the second year.
Stumbo says House leaders now are hoping to restore money for higher education in both years.
He said the group is also looking at more suggestions to suspend some tax exemptions to help generate enough revenue to balance the next two-year budget.
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