The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
May 08--The results of Brownbackonomics--take from the poor and give to the rich--are beginning to show:
--Tax collections last month are $40 million short of the April, 2013 figures.
--The State takeover of the federal Medicaid program, now called KanCare, has resulted in a $100 million loss and the threat of insurance companies pulling out of the program. (The legislature blocked health care access for 100,000 Kansans and now Brownback would have the State take over and manage Medicare.)
--The state continues to suffer out-migration of taxpayers, some 10,200 between 2010 and 2013.
--What little funding increase Brownback and the tea partyers promised Kansas schools has fallen $12 million short of projections.
--And as a result of all or some of that, the State's bond rating has been downgraded, meaning Kansas taxpayers may be paying higher interest on funds the state borrows.
How many presidential campaigns have been built on a record like that?
Gov. Brownback insists, of course, that the state's woes are not his doing, but rather are the result of "failed economic policies of the Obama administration."
Would that be the same Obama administration that has overseen an unemployment rate that plunged from 6.7 to 6.3 percent in March alone, a 40 percent decline in deficit spending, record high stock markets and federal government employment at a 47-year-low?
Would that be the same failed Obama health care plan that signed more than eight million Americans by the deadline, including a rush of last minute filers, most of them young and healthy?
No, the fault for Kansas' predicament lies squarely with Mr. Brownback and the toadies and bootlickers with which he has stacked the statehouse and whose numbers are so great that four of them authored the Kansas budget which then passed with no House debate.
The RINO hunters populating the legislature, along with Gov. Brownback, are so firmly in charge that they are utterly responsible for everything Gov. Brownback's vision does in and to Kansas.
Democrats remain a minority. The RINOs are all but absent--traditional GOP elephants replaced by Brownback sycophants.
The statehouse is full of ideologues. That has changed. But most Kansans are not ideologues and that hasn't changed.
So hopefully, now that the political fever is subsiding in the chill of the new economic reality in Kansas, Republican voters will realize we aren't in Kansas anymore--and haven't been for four years now--and will make some changes at the polls come this August and November.
Provided, of course, they can secure a ballot.
(c)2014 the Clay Center Dispatch (Clay Center, Kan.)
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