Daily Archives: Dec. 10, 2013

Need balanced approach to balancing budget

BudgetDeficitThe public wants a balanced approach to balancing the federal budget, according to a new McClatchy-Marist Poll. Only 16 percent of those surveyed said that the best way to reduce the federal deficit was to cut spending. More than one-third favored reducing the deficit through more tax revenue, such as by limiting tax deductions on higher income. Thirty-eight percent backed both spending cuts and revenue increases.

Open thread (Dec. 10)

thread

Resignation of KCC chairman is for the best

sieversIt is for the best that Kansas Corporation Commission Chairman Mark Sievers plans to resign as soon as a replacement is appointed. Sievers came from Colorado and never seemed to be a good fit at the KCC, which regulates utilities in Kansas. KCC staff criticized Sievers for not addressing serious management problems with the KCC’s former executive director. Sievers also was perceived as being more concerned about making rate hearings easier on the utility companies and the KCC than about protecting consumers. He has been critical of the Citizens’ Utility Ratepayer Board, a small state agency that represents residential and small-business utility customers, and he recently suggested that the KCC stop requiring cost studies if a rate-increase request is less than 10 percent.