www.politicususa.com/2014/08/08/republican-dreams-shattered-koch-ideology-flops-red-state-kansas.html
"Kansas is going broke and on the path to bankruptcy thanks to Brownback’s adherence to the Republican habit of giving the state’s assets to the rich in the form of tax cuts. For the second time in two months, another credit rating agency downgraded Kansas financial situation. Moody’s downgraded Kansas in May, and this week Standard and Poor’s followed suit citing “a structurally unbalanced budget following state income tax cuts” that a Kansas professor of public finance said will certainly get worse. Kenneth Kriz said, “not only was the state downgraded, but it was put on what is called a ‘negative outlook’ watch” he claims means more downgrades are likely. Kriz continued that “the real issue here is business. One of the things businesses look at when deciding on an area is the credit rating.” Kansas is lagging the nation in job creation, revenue is non-existent, education is starved of funding, and the state could not afford $100,000 to keep homeless shelters for children open. However, the economic devastation is just one aspect of a completely Republican government."
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