Kentucky Waiting on Federal Stimulus Money

The first part of the stimulus money should arrive Wednesday, which will be used for Medicaid.

But the bulk of the money will be for transportation. In fact, the transportation secretary says the stimulus will be the savior for the road fund.

But Governor Beshear says the money will be spent cautiously.

“This is not money that we need to take and expand a lot of programs. Create a lot of new programs.,” said Gov. Beshear, D-Kentucky.

Hundreds of millions will likely be spent to improve Kentucky’s roads.

“Some of the it will be rehab projects on major arteries, some will be new roads. Some will be bridges,” said Ky. Transportation secretary Joe Prather.

But Kentucky’s piece of the federal money pie is also being met with uncertainty and caution.

“I didn’t support the stimulus bill. If I was in Congress, I would have voted no. It didn’t have enough tax breaks or credit. But as for as road dollars, I do support it, because it will improve the quality of roads,” said Sen. Damon Thayer, R-Georgetown.

“You know this whole emphasis on the stimulus package is to create jobs and maintain jobs and keep people working,” said Gov. Beshear.

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