debt

Education
10:33 am
Thu November 20, 2014

For Millions Of Millennials: Some College, No Degree, Lots Of Debt

Noelle Johnson has a lengthy commute via bus and train to her job near Washington, D.C. She's been working toward her B.A. for nine years, and when she finally finishes, she says, she'll be able to afford to live closer to work.
James Clark NPR

Originally published on Sun November 30, 2014 4:38 pm

This story is part of the New Boom series on millennials in America.

If Noelle Johnson had a bachelor's degree, she'd be able to live closer to work, she says. She wouldn't have to spend so much of her free time hustling for baby-sitting gigs. She'd shop at the farmers market. She'd be able to treat her sister to dinner for once. She and her husband could go on trips together — they'd be able to afford two tickets instead of one.

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Politics
6:41 am
Tue October 2, 2012

Senator Rand Paul Says Entitlements, Not Taxes, Are Key to Balancing Budget

Wikimedia Commons

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.

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Government
1:51 pm
Mon September 24, 2012

Report shows Kentucky's debt continues to increase

facebook.com

An annual report that describes the state’s financial outlook shows that Kentucky has once again gone deeper into debt.

The report, when compared with past years, shows the state added more than $110 million in debt during the last fiscal year.

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2012 General Assembly
1:21 pm
Tue March 20, 2012

Debt Bill Hits Block

wikipedia.com

A proposal to cap Kentucky's debt has hit a roadblock in the House.

The House Appropriations and Revenue committee took up Senate Bill 1 today. The bill wouldn't allow the state to accrue debt worth more than six percent of the general fund revenue, but doesn't cap debt in the road fund or most education budgets.

The bill easily sailed through the Senate, a point bill sponsor Senator Joe Bowen made to the House committee.

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State Debt
4:23 pm
Wed February 22, 2012

Lawmakers Promote Bill Capping State Debt

Kentucky lawmakers are once again ready to approve a bill capping the state's debt at six percent of revenues.

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.

Currently, Kentucky is just over the six percent debt-to-revenue ratio, and bill sponsor Joe Bowen says the bill is a safeguard.

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