• $1.6 Billion Pension Payouts; Over 2,000 KPERS ‘Millionaires’

    $1.6 Billion Pension Payouts; Over 2,000 KPERS ‘Millionaires’0

    An Open Records request fulfilled by the Kansas Public Employees Retirement System (KPERS) shows record-setting payouts in 2016 of $1.6 billion.   The number of KPERS ‘millionaires’ also set a new record, with 2,007 government retirees expected to receive more than $1 million in pension benefits over their first 20 years of retirement.  Pensions are paid

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  • $11 Billion School Debt Exceeds State Debt0

    Given media and legislative hyperventilation over state debt levels, one would never know that Kansas’ 286 school districts are deeper in hock than the State of Kansas and its component units (universities, turnpike authority, etc.).  School districts set a new record last year of $5.56 billion in bonded indebtedness and they also have $5.4 billion

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  • Kansas Budget can be balanced without a tax increase

    Kansas Budget can be balanced without a tax increase1

    Ronald Reagan could have been speaking of the 2017 Kansas Legislative Session when he said, “Government is like a baby. An alimentary canal with a big appetite at one end and no sense of responsibility at the other.” Despite knowing that state spending is morbidly inefficient (27 percent more per-resident than states without an income

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  • Fake news in Kansas promotes political agenda

    Fake news in Kansas promotes political agenda0

    An editorial in the Wichita Eagle reminded me that it’s been awhile since I wrote about fake news in Kansas, and there’s a lot.  The Eagle editorial bemoaned a loss of 400 jobs in February but failed to disclose that private sector employment set a new record!  The Bureau of Labor Statistics data comparing February 2016

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  • Kansas budget can be balanced without tax hikes

    Kansas budget can be balanced without tax hikes0

    Yes, that’s right, the Kansas budget can be balanced without a tax increase.  But first, here’s some background to put the situation in perspective. When the Legislature raised the sales tax rate in 2015 as part of the largest tax hike in Kansas history, many legislators, special interests and media expressed outrage at the impact

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  • KPERS Debt Created under Previous Administrations0

    Kansas has a high debt burden, but it long predates the current administration, current tax policy, and the current legislature. This fact contradicts media’s misleading use of a September 2016 report from Truth in Accounting to imply that Kansas’ unfunded pension liabilities and broader debt burden have primarily been products of the state’s current budget

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