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1 posted on 12/21/2015 8:04:52 AM PST by Lorianne
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To: Lorianne
"Never before in state history has a state agency been granted unlimited powers to issue debt. Prior to this extraordinary action, state lawmakers had carefully placed specific limits on the state’s ability to borrow money. KDOT’s authority to issue unlimited debt continues through this fiscal year and next, so additional highway bonds could be issued at any time over the next 18 months."
2 posted on 12/21/2015 8:05:47 AM PST by Lorianne
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To: Lorianne

In Kansas if you lower the increase to the schools you have “cut school funding.” There is nothing the media in Kansas can say that I would trust. I trust Brownback more than any of the partisans in the media.


5 posted on 12/21/2015 8:18:49 AM PST by The Ghost of FReepers Past (Woe unto them that call evil good, and good evil; that put darkness for light..... Isaiah 5:20)
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To: Lorianne

Tax cuts are not a “cost,” so there is no need to “pay for them.”

In terms of the budgetary impact, governments always take in MORE revenue after they cut taxes!


6 posted on 12/21/2015 8:24:53 AM PST by GodAndCountryFirst
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To: Lorianne
Right-wing Republican lawmakers have operated under the radar to suspend all statutory limits on highway debt, and that unprecedented authority was recently used to issue record-breaking levels of long-term debt to pay for their reckless income tax cuts this year and next.

Is this supposed to be "journalism" or a biased hatchet job? Also, the Kennedy and Reagan tax cuts so stimulated the economy that tax receipts actually increased. The Laffer Curve suggests the same result. Hopefully, this Left-winged idiot at least drops the pretense of being a journalist.

8 posted on 12/21/2015 8:33:04 AM PST by econjack (I'm not bossy...I just know what you should be doing.)
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To: Lorianne

Sounds like they have a spending problem


13 posted on 12/21/2015 9:33:37 AM PST by Steven Tyler
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To: Lorianne

Spending money you don’t have is okay, but tax cuts are “reckless.”

Uh huh.


17 posted on 12/23/2015 11:09:18 AM PST by IronJack
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