Bevin stresses debt ceiling amid bailout questions

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Associated Press

Posted on February 19, 2014 at 3:02 PM

FRANKFORT, Ky. (AP) — Republican Senate hopeful Matt Bevin isn't saying much about Sen. Rand Paul's latest assessment of him.

Paul said Monday that Bevin's credibility has been hurt by revelations that Bevin praised the 2008 federal bank bailout years before turning it into an issue against Senate Minority Leader Mitch McConnell.

Bevin told reporters Tuesday that Paul is entitled to his opinion.

Bevin focused instead on McConnell's role in lifting the nation's borrowing authority without concessions from President Barack Obama. He called it "reckless financial behavior."

As an investment firm president, Bevin signed a report to investors praising the $700 billion bank bailout. As a candidate, Bevin has criticized the bailout and McConnell's role in backing it.

Bevin says he didn't write "investment commentary" for such reports.

The Louisville businessman is challenging McConnell in the May 20 primary.

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