Daily Archives: March 17, 2014

Credit-rating agency raises concerns about state finances

cashMoody’s Investors Service is raising concerns about Kansas’ ability to pay its debts. The credit-rating agency considers the Kansas Supreme Court’s decision in the school-finance case a “credit negative” because “the mandated increase will pressure state finances that are already stressed by revenue losses from income tax cuts.” A spokeswoman for Gov. Sam Brownback downplayed the Moody’s report, noting that Kansas still has a strong bond rating. But John Robb, a Newton attorney who represents the plaintiffs in the school-funding case, said there is reason to worry about state finances. “The grand experiment better ramp up in the next three years, or we’re going to have a train wreck,” he said. “Moody’s appears to recognize that.”

Open thread (March 17)

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Brownback defends Dole; what about moderates?

dolemugGood for Gov. Sam Brownback for saying he didn’t appreciate the recent suggestion by Sen. Ted Cruz, R-Texas, that former GOP presidential nominee Bob Dole (in photo) didn’t stand for principle. “You can disagree with him on policy, but he’s the iconic figure of the World War II generation,” Brownback said on Fox News. “He’s a wonderful man.” Brownback also cited President Reagan’s rule against speaking poorly of fellow Republicans. “Reagan was always a very inclusive person and he had a lot of moderates in the party,” Brownback said. What would Reagan have thought of the Brownback-led campaign two years ago to purge GOP moderates from the Kansas Senate? The many mailers attacking former Sens. Dick Kelsey, Jean Schodorf and others certainly weren’t concerned about speaking ill – or speaking accurately.

Knox’s do-it-yourself deterrence of metal theft

mcginncarolyn2Before the Senate Judiciary Committee decided Friday to ask the Kansas Judicial Council to study how to fight metal thefts, Sen. Carolyn McGinn (in photo), R-Sedgwick, noted that she and her husband had been the victim of thieves who did $5,000 of damage to their center pivot irrigation system while stealing $500 worth of copper. Sen. Forrest Knox, R-Altoona, questioned whether more government was needed to counter metal thefts. “Mr. McGinn with a shotgun may be the way to go,” Knox said. McGinn’s response: “It’s usually Mrs. McGinn with her daddy’s shotgun in her hand.” Sedgwick County District Attorney Marc Bennett and the city of Wichita had supported Senate Bill 418, which would create a centralized reporting system of metal sales to include photos of the seller and product.