• COVID-19: prepare for large state budget deficits

    COVID-19: prepare for large state budget deficits0

    There are no pandemic economic models to follow but the economic fallout and state budget deficits from the COVID-19 shutdown will be enormous.  Some economists speculate the impact could be even worse than the 2009-10 recession. Only time will tell if the public health benefits of stay-at-home orders were worth the economic ramifications and related

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  • Kansas law threatens charitable giving during COVID-19 outbreak

    Kansas law threatens charitable giving during COVID-19 outbreak0

    Last month, Congress passed, and the President signed, a comprehensive package intended to combat the public health and economic impacts bought about by the novel coronavirus (COVID-19) outbreak. Termed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, this legislation pays out roughly $2.5 billion in federal tax reduction for those who make cash donations

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  • Gov. Kelly’s 2020 budget: Five things you should know

    Gov. Kelly’s 2020 budget: Five things you should know0

    Governor Kelly had an opportunity to exhibit fiscal restraint when presenting her budget last week. With state tax revenues coming in higher than expected – partly because of recent record tax hikes – the Kelly Administration missed a chance to build a structurally-balanced budget. Instead, this budget breaks a new record in spending for the

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