WICHITA, Kan. (AP) _ New state tax revenue estimates indicate cuts signed into law last year by Gov. Sam Brownback could send Kansas into deep financial trouble if there's no agreement this year to extend a temporary sales tax and reduce popular tax deductions.
The Wichita Eagle (http://bit.ly/13BXi80) reports an estimate by the governor's budget division shows the state would burn through its reserves and have to cut $64 million in 2014 if no policy changes are approved. The figures show $545 million in additional cuts would be necessary in 2015.
Brownback wants lawmakers to extend a temporary six-tenths of a cent sales tax hike that expires in July. Republican House leaders say they have no appetite for extending the sales tax and have voted 120-0 against a Senate plan that includes the extension.
Information from: The Wichita (Kan.) Eagle, http://www.kansas.com