Tagged: economy

Senate Minority Leader Mitch McConnell ignored the hot-button issue of gun control during a speech in Lexington, instead discussing the nation's debt problem.

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.

A representative from the city of Wickliffe is among Mississippi River town leaders meeting this week to discuss federal lobbying efforts. The newly-formed Mississippi River Cities and Towns Initiative is meeting in St. Louis to talk about water quality, floodplains, and recreational and environmental protection.

A new report says college students in America are a trillion dollars in debt. Kentucky has seen a similar increase where annual student-debt climbed from $324 million in 1999 to almost $1.2 billion a decade later. Erin Klarer, who’s a vice president with Kentucky Higher Education Assistance Authority, still says taking on such debt can sometimes be the right choice.

“You know we don’t want to blanket that all debt is bad but we do at KHEAA we want to encourage responsible borrowing,” said Klarer.