As Maine legislators begin examining Gov. LePages proposed state budget, they might want to look to Kansas, which passed massive tax cuts benefiting corporations in 2012 and is now hundreds of millions of dollars in the hole and cutting tens of millions from its highway department: Last month, (Kansas Gov.) Brownback was forced to cut funding for most state agencies by 4 percent and take $95 million from the state’s highway fund and $40 million from the public employees’ retirement fund to address a projected $279 million shortfall in the budget for the fiscal year that began in July. State revenue is expected to decline by another $436 million next fiscal year. Kansas’ total budget is about $5.9 billion.
Posted on: Wed, 14 Jan 2015 19:25:08 +0000
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