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Beshear Redirects Funds to Save Medicaid | Lexington News
Governor Andy Beshear’s bold move to redirect $255 million from unexpected revenue shields Kentucky’s Medicaid services from cuts, ensuring no 4% reduction for families this year — while still boosting the Rainy Day Fund past $400 million and aiming for over $1 billion by year’s end. Acting outside the usual legislative process, Beshear credits lawmakers for granting him expanded budget authority, countering claims from House Speaker David Osborne that Medicaid was actually overfunded and that the administration is unnecessarily alarmist. With Medicaid’s budget facing inflation-driven…
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