Beshear to talk about stimulus plan today in Louisville

Gov. Steve Beshear will be talking more today about Kentucky’s share of the recently passed federal economic stimulus package at a press conference with Louisville Mayor Jerry Abramson

The press conference follows Beshear’s trip to Washington D.C. this past weekend for the National Governors Association winter conference that included meetings with President Barack Obama. 

Some details about what Kentucky can expect to see from the funding package have already come out, including an anticipated $421 million for the construction of roads and bridges. Lawmakers are currently working on the state’s road plan that will include designations of how that money should be spent. 

Obama told governors this week that their states could begin seeing money to help offset Medicaid costs as soon as today, which could amount to as much as $1 billion over the next two years, according to James Carroll with the Courier-Journal.

The state is also looking for relief in the area of unemployment benefits, and Beshear told reporters Tuesday that he hopes to see an extension of the benefits period and a $25-increase in the weekly cap on benefits, all paid for with federal dollars. 

Look for more information about the stimulus package at the 2 p.m. EST press conference in Louisville’s Metro Hall.

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