It is time to bring this fight to a local level…..

You are hearing lots of talk about the federal debt ceiling now and that should continue, but what about Kentucky’s debt ceiling. What do you mean we do not have one and can borrow at the legislatives will? They will say that the bond market and the ratings agencies keep them from borrowing too much, but we have been down that road before.

Now is the time to draw attention to the need to tie Kentucky politicians’ hands to keep them from plunging us even further into debt. While there is so much focus on the national debt let's take this opportunity to contact our local Kentucky state representatives and tell them to set a limit on how much Kentucky can borrow as well.

It is time to bring this fight to a local level…..


“Debt rating agency Moody’s suggests this morning it would be better if America didn’t have a debt ceiling at all. This is throwing the baby out with the bathwater.
Having a debt ceiling didn’t cause our debt problem. Overspending did. The point to get here is that this fight is a good thing because it is starting to engage the public in a discussion we need to have. Removing the debt ceiling in order to avoid fights about debt ceilings will remove the superficial problem while only make the real problem worse.

All the more reason Kentucky needs a state debt ceiling. Frankfort over the past decade has taken full advantage of borrowing money as fast as possible with an implicit green light from the people of Kentucky. We already can’t afford the debt we have at the state level.

We can’t win the debt fight in Washington D.C. until we cut spending and we can’t even start the fight in Frankfort until we start talking about tying the hands of state politicians — Democrats and Republicans alike.” See more at Moody’s: throw out baby, bathwater