The Senate is likely to make additional
spending cuts to Kentucky's budget to reduce the amount of debt
proposed to keep state government running.
Republican Sen. Tom Buford of Nicholasville, a member of the
Senate Appropriations and Revenue Committee, said his colleagues
are bent on capping the debt level at 6 percent.
Some 6.8 percent of the state's revenue is budgeted for debt in
a budget plan approved by the House earlier this week. That's down
from 7.1 percent in the governor's original proposal, but not
enough to appease Senate Republicans.
The Senate, scrambling to complete budget work with only 16
working days remaining in the legislative session, would have few
alternatives other than spending cuts to reduce the debt load.