(WHAS11) -- Kentucky Governor Steve Beshear said a day of reckoning has come.
He called for 8.4 percent cuts to most government agencies after four straight years of cuts. Agencies that would see the sharpest cuts would include the governor's office and other cabinet positions.
Beshear says he doesn't plan to impose mandatory furloughs on state employees, but he couldn't rule out layoffs in a briefing earlier in the day.
Only education, public safety and a handful of other programs would be spared to make up a $742 million deficit.