By Sen. Robert Stivers and Sen. Chris McDaniel Special to NKyTribune
Kentucky’s recent credit rating upgrade to Aa2 from Aa3 is more than a financial milestone—it reflects disciplined fiscal policies and responsible governance championed by Republican supermajorities in the General Assembly. Better bond ratings keep borrowing costs lower. Despite claims to the contrary, Governor Andy Beshear’s attempts to take credit for these improvements overlook the critical role conservative leadership has played in reshaping the state’s economy. Kentucky’s Constitution clarifies that the power to raise and expend revenue is exclusively that of your legislature, not the governor.
Over the past eight years, Republican lawmakers have steered Kentucky toward stability and growth through forward-thinking reforms. From fully funding pension obligations to maintaining a robust budget reserve, and cutting taxes responsibly, our leadership has ensured Kentucky’s financial house is in order. These gains result from intentional policies designed to lift the burden on taxpayers and ensure fiscal health.
Moody’s upgrade of Kentucky’s credit rating to Aa2 endorses the fiscal responsibility Republicans have brought to the state. Moody’s cited several reasons for the upgrade, all aligned with conservative policies enacted by the General Assembly:…