The two lawmakers may have a tough time gaining support in a largely gambling-resistant legislature, however, which earlier this year shot down a bill that would have regulated daily fantasy sports.<\/p>\n
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When pressed on the issue by a local radio station of expanding gaming to help ease the crisis , Kentucky Governor Matt Bevin proclaimed that it wasn\u2019t \u201cgoing to happen while I’m governor.”<\/p>\n<\/div>\n
Keene and Rand hope they can convince Bevin, and their colleagues in the legislature, to think again.<\/p>\n
\u201cBefore we look at a plan that involves cuts to retirees\u2019 benefits, we have opportunities to bring new revenue that will be designated to the pension fund,\u201d said Keene in an issued press release.<\/p>\n
\u201cDo voters want to allow the new revenue from expanding gaming to build the pension fund or would they rather have cuts made on the backs of the state\u2019s over 100,000 retirees?\u201d asked Rand. \u201cIt\u2019s time to put the gaming issue on the ballot so the public can have their say on this issue.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Kentucky is facing a pension deficit of alarming proportions. By the latest conservative estimates, the Bluegrass State is some $33 billion short of the funds it needs to pay retired public employees over the next 30 years. And now, two State House Democrats believe that casino expansion should be at least a part of the […]<\/p>\n","protected":false},"author":42,"featured_media":58883,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,13,18],"tags":[],"acf":[],"yoast_head":"\n
Kentucky Lawmakers Turn to Casinos to Fix $33 Billion Pension Crisis<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n