House Budget Committee Chairman Rep. John Yarmuth (KY-3) joined me on 840WHAS to add deeper context to the spending plans in the Biden Administration's American Rescue Plan Act (ARPA). Mr. Yarmuth is the primary author of the legislation. Parts of it were retooled by the Senate but it was ultimately passed and signed into law last week. Republicans claim that only a fraction of the spending package is appropriately aimed at eradicating the COVID pandemic. Americans earning $75,000 individually or $150,000 filing jointly receive up to $1,400 per person in stimulus funds from ARPA. Extra cash and tax credits are added for additional family members. That cash commitment makes up 22% of the $1.9 trillion spending package. "I'd be happy to defend every
Tag: taxpayers
Financial experts: here’s how to save $300+ million on KFC Yum Center payments. Oh, and where is that other $29 million?
In a radio chat this week, I asked Louisville Mayor Greg Fischer about an expert's plan that could save $300 million paying off the KFC Yum Center ($10m per year). The mayor seemed underwhelmed. The Metro Council is considering tripling the local tax on insurance premiums. Taxpayers are incensed that the mayor and council aren't first considering budget cuts. Mayor Fischer and I also discussed the odd logic of paying criminals to curtail crime without LMPD guidance, JCPS sickouts, the Passport Health meltdown, and more. 🎙️ AUDIO Below are the financial plan details submitted by businessman Denis Frankenberger and affirmed by former attorney general Chris Gorman and other financial experts who wish to remain anonymous. A sidebar to this story is
We, the hazy future of Louisville
Tom Jurich and Rick Pitino have both been fired with cause. Pitino’s sixteen year term was burdened by multiple scandals. That’s cause. More litigation to come as Pitino's lawyer promised "a bare knuckle fight." Earlier today, Jurich was offered a relatively miniscule buyout if he resigned before the University of Louisville board of trustees voted to fire him. He declined the offer and was then told the school is considering filing a lawsuit against him. No other details were given. Legal teams for both Pitino and Jurich were given very short appearances before the boards. Pitino lawyer Steve Pence said he had "a well prepared and solid one hour presentation" at Monday's hearing yet there wasn't "a