debt http://wkms.org en Senator Rand Paul Says Entitlements, Not Taxes, Are Key to Balancing Budget http://wkms.org/post/senator-rand-paul-says-entitlements-not-taxes-are-key-balancing-budget <p>U.S. Senator Rand Paul says he agrees with President Barack Obama’s main point that all Americans must work together to turn around the economy and reduce debt. But speaking to a Rotary club in Horse Cave Monday, Paul said he doesn’t agree with the approach the president wants to take: increasing taxes on the wealthy.</p> Tue, 02 Oct 2012 11:41:32 +0000 Kenny Colston (KPR) 22729 at http://wkms.org Senator Rand Paul Says Entitlements, Not Taxes, Are Key to Balancing Budget Report shows Kentucky's debt continues to increase http://wkms.org/post/report-shows-kentuckys-debt-continues-increase <p><font size="2">An annual report that describes the state’s financial outlook shows that Kentucky has once again gone deeper into debt.<br><br> The report, when compared with past years, shows the state added more than $110 million in debt during the last fiscal year.</font> Mon, 24 Sep 2012 18:51:43 +0000 Kenny Colston (KPR) 22451 at http://wkms.org Report shows Kentucky's debt continues to increase Debt Bill Hits Block http://wkms.org/post/debt-bill-hits-block <p><span style="font-family: arial, sans-serif; line-height: normal; font-size: small; ">A proposal to cap Kentucky&#39;s debt has hit a roadblock in the House.</span><br style="font-family: arial, sans-serif; line-height: normal; font-size: small; " /><br style="font-family: arial, sans-serif; line-height: normal; font-size: small; " /><span style="font-family: arial, sans-serif; line-height: normal; font-size: small; ">The House Appropriations and Revenue committee took up Senate Bill 1 today. Tue, 20 Mar 2012 18:21:07 +0000 Kenny Colston (KPR) 17308 at http://wkms.org Debt Bill Hits Block Lawmakers Promote Bill Capping State Debt http://wkms.org/post/lawmakers-promote-bill-capping-state-debt <p><font size="2">Kentucky lawmakers are once again ready to approve a bill capping the state&#39;s debt at six percent of revenues.<br /><br /> The issue has been in and out of committee multiple times this session. It started as a constitutional amendment, then changed to a regular bill. And state Senators have renamed the measure to show their commitment to it. It is now called Senate Bill 1.<br /><br /> Currently, Kentucky is just over the six percent debt-to-revenue ratio, and bill sponsor Joe Bowen says the bill is a safeguard.<br /> Wed, 22 Feb 2012 22:23:28 +0000 Kenny Colston (KPR) 17016 at http://wkms.org Lawmakers Promote Bill Capping State Debt