Listen: Casinos Could Help Solve Pension Problem, Keene Says
It's no secret that Kentucky faces a steep hill to climb to address it's pension crisis.
The state will need to find more than $5 billion over the next two years, it was recently announced - and about 40 percent of that will be put on the back of local governments.
But the answer could be staring Kentucky right in the face - from across the river in Cincinnati and Indiana.
Rep. Dennis Keene (D-Wilder) filed a bill, along with Rep. Rick Rand (D-Bedford), that would open up four casinos across the state and allow slot machines at horse racing tracks.
The revenue would solve the pension crisis, Keene said.
Keene joined The River City News publisher Michael Monks for an in-depth conversation about this topic on WNKR's Northern Kentucky Focus. You can listen to it in full here: