AGP Executive Report
Last update: 12 hours agoBudget Watch: Senate budget chair Chris McDaniel questioned Gov. Andy Beshear’s upbeat take on a revised forecast showing $1.7 billion in additional revenue, pointing to economists’ warnings about economic uncertainty. Beshear has urged lawmakers to invest in Medicaid and preschool. Eastern Kentucky: Beshear and Congressman Hal Rogers announced a record $78.8 million in Appalachian Regional Commission investments for the region. Drug Costs: Kentucky is among 45 states seeking approval of settlements over alleged generic-drug price fixing. Ascend and Mayne will pay a combined $1.05 million; eligible customers who bought generic prescriptions from May 2009 through December 2019 may qualify for compensation. Kentucky Business: Owensboro-area master distiller Jacob Call launched an eight-year-old bourbon named for his ancestor. In Frankfort, the Kain family passed its Ford dealership to new ownership after 66 years. Churchill Downs: Investor Mike Repole bought one million shares—about a 1.5% stake—and says he sees room for the company to grow.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.