Andy Beshear on Social Security

No cuts to government pensions; find other revenue

A: Our educators, first responders, city, state and county employees already sacrifice so much. They work their whole lives to make Kentucky a better place to live. The last thing they should sacrifice is the pension they've earned. The best way to fix our state retirement system is to find new sources of revenue like closing tax loopholes for luxury items like private jets.

State gaming will cover $43B unfunded state pension plan

Republican Gov. Matt Bevin has opposed legalizing casinos. Bevin called the proposal "a tired tenet" of the Democratic Party.

Beshear's letter makes familiar arguments for expanding gambling--primarily that Kentuckians are already wagering big money at casinos in five neighboring states, including Indiana. It does not estimate how much money legal casinos would generate for Kentucky, but he wrote, "Commercial gaming in Indiana last year alone netted over $600 million in direct tax revenue." He said legalized sports betting could raise "an additional $30 million" in annual revenue.

Kentucky's eight pension plans recently reported having $42.7 billion in unfunded liabilities, including both pension and health plans.

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[Title7]	Gubernatorial Debates 2023: KY: Incumbent Andy Beshear(D) vs.State A.G. Daniel Cameron(R) vs.Ambassador Kelly Craft(R) vs.State Auditor Mike Harmon(R) LA: Incumbent John Bel Edwards(D,term-limited) vs.Jeff Landry(R) vs.Shawn Wilson(D) vs.John Schroder(R) vs.Sharon Hewitt(R) MS: Incumbent Tate Reeves(R) vs.Bill Waller(R,withdrew) vs.Brandon Presley(D) Gubernatorial Debates 2024: DE: Gov. John Carney (D, term-limited); vs. Lt. Gov. Bethany Hall-Long (D) vs. Matt Meyer (D) vs. State Rep.Mike Ramone (R) IN: Gov. Eric Holcomb (R, term-limited); vs. Sen. Mike Braun (R) vs. Suzanne Crouch (R) vs. Jennifer McCormick (D) MO: Gov. Mike Parson (R, term-limited): vs. Jay Ashcroft (R) vs. Bill Eigel (R) vs. Mike Kehoe (R) vs. Crystal Quade (D) MT: Gov. Greg Gianforte (R) vs. Ryan Busse (D) vs. Tanner Smith (R, lost June 4 primary)	Gubernatorial Debates 2024 (continued): NC: Gov. Roy Cooper (D, term-limited); vs. Mark Robinson (R) vs. Josh Stein (D) vs. Dale Folwell (R, lost March 5 primary) vs. Michael Morgan (D, lost March 5 primary) vs. Andy Wells (R,withdrew) ND: Gov. Doug Burgum (R, retiring) vs. State Rep. Rick Becker (R) vs. U.S.Rep.Kelly Armstrong (R) vs. State Sen.Merrill Piepkorn (D) NH: Gov. Chris Sununu (R, retiring) vs. Sen. Kelly Ayotte (R) vs. Joyce Craig (D) vs. Chuck Morse (R) vs. Cinde Warmington (D) UT: Gov. Spencer Cox (R) vs. State Rep. Phil Lyman (R) vs. Minority Leader Brian King (D) VT: Gov. Phil Scott (R) vs. Selectman Peter Duval (D) vs. Commissioner Esther Charlestin (D) WA: Gov. Jay Inslee (D, retiring); vs. WA Attorney General Bob Ferguson (D) vs. U.S.Rep.Dave Reichert (R) vs. State Sen. Mark Mullet (D) vs. County Chair Semi Bird (R) vs. Hilary Franz (D, withdrew) WV: Gov. Jim Justice (R, term-limited); vs. WV Attorney General Patrick Morrisey (R) vs. Huntington Mayor Steve Williams (D) vs. WV State Auditor JB McCuskey (R, withdrew) vs. WV Secretary of State Mac Warner (R, lost May 14 primary) vs. State Del. Moore Capito (R, lost May 14 primary)	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families/Children Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Infrastructure/Technology Jobs Local Issues Principles/Values Social Security Tax Reform War/Iraq/Mideast Welfare/Poverty [Title9]