Analysis: Compromise Key to Legislative Session

By: AP
By: AP

TOPEKA, Kan. (AP) _ The state's worst budget crisis since the Dust Bowl days will require legislators to focus more on compromise than confrontation.

Last month, state economists projected a $141 million deficit at the end of the current budget year. If left unchecked, that could blossom to $1 billion by the end of the next budget year.

There's seems to be no single solution and the alternatives are limited: reduce state services, find new revenue sources, raise taxes, suspend planned tax cuts or some combination.

That's in sharp contrast to when legislators ended their session in May and went home believing the current budget would have a $121 million surplus.

But revenues for the previous budget year that ended June 30 were $41 million less than expected. Forecasters said current budget revenues are expected to fall some $211 million below original estimates.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
631 SW Commerce Pl. Topeka, Kansas 66615 phone: 785-272-6397 fax: 785-272-1363 email: feedback@wibw.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 36147324 - wibw.com/a?a=36147324