The PEW foundation has made a study of potential fiscal impacts by state from a long term sequestration of federal spending in 2013.
Their figures for Kentucky are listed below based upon 2010 data.
KY USA
Federal grants subject to sequestration by a percentage
of state revenue (2010)……………………………………. 6.8 % 6.6 %
Federal spending on procurement, salaries, and wages
as a percentage of state GDP (2010)………………………. 9.9 % 5.5 %
Federal defense spending on procurement, salaries,
wages as a percentage of state GDP (2010)…………… 8.0 % 3.5 %
Federal non-defense spending on procurement, salaries,
wages as a percentage of state GDP (2010)………… 1.9 % 1.8 %