Barbara Shelly

August 6, 2014 5:50 PM

Brownback’s Kansas downgraded again, but the mythmaker rolls on

Sam Brownback may be able to lull the party faithful into a cheap high by talking about record private sector employment, but he’s not fooling the experts. Standard & Poor’s said it was lowering Kansas’ bond rating to AA from AA+. An analyst said the downgrade was the result of “a structurally unbalanced budget, following state income tax cuts that have not been matched with offsetting ongoing expenditure cuts in the fiscal 2015 budget.” That’s ominous, because governors and legislators in Kansas have cut and cut and cut.

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