Gov. Bevin agrees not to spend $18 million until lawsuit resolved
Republican Gov. Matt Bevin has agreed to not spend nearly $18 million in public money until after a judge decides whether he has the authority to spend it.
Bevin has cut spending for state colleges and universities by about $18 million for the final three months of the fiscal year. He wants to use the money to begin paying down the state’s public pension debt, which is estimated at more than $30 billion.
Democratic Attorney General Andy Beshear sued Bevin, saying he did not have the authority to order the spending cuts. Both sides argued their case before Franklin Circuit Thomas Wingate on Thursday. Wingate said he wants to have another hearing in a few weeks before deciding the case. But he said he will order the money not to be spent until then.