Monday, November 17, 2014

How will Kansas lawmakers solve its $1 billion problem?

Disability advocates will not be alone this year during the coming budget debates. Every nook and cranny of the State budget is about to be picked apart.  The wholesale give-away of revenues largely driven by historically deep income tax cuts is making dire predictions come closer on our immediate horizon.

Kansas is now poised to face a budget crisis for one simple reason: the same decision-makers whose fiscal policies have created this mess seem convinced (or want us to be convinced) that trickle-down fiscal policies will work, if only we give them time to work. It is our alternative hope that a fact-based examination of the financial hole will cause all thoughtful legislators to revisit some of the decisions which dug the hole.

According to an article in the Wichita Eagle, lawmakers will have to drastically cut spending and/or raise taxes. Republican legislators have already begun dividing into two camps about how to solve the state’s budget woes, foretelling a fight that’ll play out within the party that controls both the Kansas House and Senate. Kansas is projected to have a cumulative budget hole of more than $1.4 billion by July 1, 2016.

Read more here. 

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