Senators Ray Jones and Chris McDaniel on State Debt I Legislative Update I KET

95 views · Published 2 March 2015 · 1:54 · Indexed 10 November 2026

Channel: KET - Kentucky Educational Television · 2015 · News & Politics

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Senate Bill 94, sponsored by Sen. Joe Bowen, (R-Owensboro), would cap state debt in Kentucky at 6 percent of total state revenues. Some Democrats maintained the proposed debt ceiling would limit much-needed fiscal flexibility. Senate Minority Floor Leader Ray Jones (D-Pikeville) also raised constitutional concerns with the measure. Sen. Chris McDaniel (R-Latonia), a candidate for lieutenant governor, asserted that legislators must end the compulsive spending that’s created a $38 billion hole.

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