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Ky Senate budget chair Chris McDaniel proposing bill about Kentucky Wired broadband network that would "very simply shut it down," he says 
McDaniel says the state has spent $133.8 million on incomplete Kentucky Wired project while state was supposed to spend $30 million+ on it total
McDaniel says that estimates that it would cost about $500 million to shut down Ky Wired project are wrong, it would actually be half that
McDaniel says there won't be a vote to pull the plug on Kentucky Wired project today
Gov Bevin executive cabinet secretary Scott Brinkman says former Gov Beshear administration's contract that created Ky Wired wasn't illegal, but put too much risk on the state. Says that's because the project was "underpriced." State assumed risk to appease private partners
Brinkman says Ky Wired project "is starting to gain incredible speed towards conclusion." Earlier today state said parts of network would be complete this year
Brinkman says "it makes so sense financial or otherwise" to terminate Ky Wired, says it'll cost "hundreds and hundreds" of millions of dollars to end it
Ky Wired executive director Philip Brown on public-private partnerships "It is not philanthropy. They expect to be repaid"
