Posted on 10/27/2016 8:04:09 PM PDT by Republican Wildcat
An attorney for House Speaker Greg Stumbo argued in a cease-and-desist letter sent Wednesday that an ad airing against him on WYMT-TV in Hazard should be pulled, in part, because public pensions aren’t funded with tax dollars.
The assertion drew a rebuke from the chairman of the Senate’s budget committee, who said he hoped the correspondence was sent without Stumbo’s review because the speaker “obviously knows better.”
The ad, launched by the Republican State Leadership Committee on Tuesday, focuses on Stumbo’s pension and the effects of 2005 legislation dubbed the “greed bill,” which allows lawmakers to combine their years of service and highest salaries in all branches of government when calculating their retirements.
The RSLC, citing a study by the conservative-leaning Bluegrass Institute, says in its 30-second TV spot that Stumbo is set to earn $1.2 million over his lifetime once he retires from public office.
Pension information is exempt from Kentucky open records laws. The Lexington-based think tank estimated Stumbo’s public retirement windfall based on his years of service in the legislature plus his four years as attorney general, when he earned $100,346 annually.
Anna Whites, Stumbo’s attorney, cried foul in a cease-and-desist letter on Tuesday, but WYMT continued airing the ad.
That prompted a second letter from Whites on Wednesday. She questioned supporting documentation provided by RSLC, said Stumbo, D-Prestonsburg, did not vote for the 2005 legislation since he was attorney general at the time of the bill’s passage and said the speaker does not earn six figures as a lawmaker.
“Further, there is no taxpayer money involved in the pension,” she wrote. “The pension is funded by its members, like all pensions. There is nothing in the supporting materials that indicates any taxpayer responsibility for pension coverage. That statement is blatantly false.”
(Excerpt) Read more at mycn2.com ...
Apparently there is polling data that indicates Stumbo himself is vulnerable to losing his House seat - that would be something else if that turns out to be the case on election night.
Is this the home of the Dukes of Hazard? Is this guy Boss Hogg?
Time to send this corrupt leftist pig packing for good.
Yup. He’s responsible for the coup d’état that ran the last GOP Governor, Dr. Ernest Fletcher, out of office after a single term.
Public pensions are funded by Faery Dust and Unicorn Farts...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.