Tobacco fund spending plan criticized - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Tobacco fund spending plan criticized

Updated:
Governor Keating's plan to use tobacco
settlement money for a 500 (m) million-dollar bond issue has come under attack.

At a legislative hearing today, Attorney General Drew Edmondson and State Treasurer Robert Butkin said it would be much wiser to
set up a trust fund, spending only the interest on programs.

Leaders of the Oklahoma Silver-Haired Legislature also criticized the bond plan, insisting that much of the money be used for health-related projects.

James Crowder, speaker of the group, called the plan ludicrous and urged senior citizens to make their opposition known to lawmakers.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.