Friday, March 9, 2012

Senate Likely To Add Budget Cuts

  • {Frankfort, Kentucky}...The Senate is likely to make additional spending cuts to Kentucky's budget to reduce the amount of debt that's proposed to keep state government running. Senator Tom Buford, R-Nicholasville, a member of the Senate Appropriations and Revenue Committee, said Friday his GOP colleagues are bent on capping the debt level at 6 percent. The state's debt would be 6.8 percent of revenues under a plan approved by the House earlier this week. That's down from 7.1 percent in the governor's original proposal.