The Kentucky Forum for Rights, Economics & Education (KYFREE) released its first-ever “Wasted In Frankfort” spending analysis today. Seven state-funded programs totaling $294.1 million have been put under the microscope, ranging from the well-known Kentucky Wired broadband fiasco to a state loan necessitated by a failed economic development deal in Hopkinsville.
“These seven programs share a pattern: big promises, weak oversight and taxpayers left holding the bill,” stated Andrew McNeill, KYFREE’s President and Senior Policy Fellow. “Each one deserves hard questions from the General Assembly before another dollar goes out the door.”
The seven programs on the inaugural list are:…