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THE KANSAS
BUDGET CRISIS
The State of Kansas is
now in the early phase of a multi-year (perhaps multi-decade)
struggle with fiscal solvency. The budget deficits we are facing in
2009 and 2010 will look mild in a few years as ever-increasing
financial requirements to fund social entitlements swamp our ability
to pay. We will explore this crisis in detail in the coming months.
For now we provide a few current links that are representative of
this growing problem. For a collection of "breaking news" stories
revealing ever-worsening situation on the Federal level, please
click here.
http://findarticles.com/p/articles/mi_qn4179/is_20090508/ai_n31670968/ |
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DATE |
SOURCE |
WRITER |
TITLE / LINK |
SUMMARY & COMMENTS |
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5-8-2009 |
Topeka Capital-Journal |
Tim Carpenter |
Budget bill sent to governor |
State budget worsening. $500 million
deficit possible for 2011 without changes. |
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4-18-2009 |
Lawrence Journal World. |
Scott Rothschild |
State budget outlook worsens |
$328 million deficit forecast for 2010
fiscal year |
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4-19-2009 |
Topeka Capital-Journal |
Tim Carpenter |
State job cuts on the table |
Amidst $328 million deficit |
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4-17-2009 |
Topeka Capital-Journal |
Tim Carpenter |
State tax revenue plummeting |
Spending cuts or tax hikes needed to
close deficit |
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1-18-2009 |
Topeka Capital-Journal |
Tim Carpenter |
State health plan backfires |
Must read! In 10 years Kansas' Medicaid
has grown 141% from $393 to 947 million |
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