More bad news for Brownback. S&P downgrades bond rating for Kansas.
http://www.washingtonpost.com/blogs/...d1394&hpid=z10
"An ambitious plan to cut income taxes in Kansas will end up costing the state more money than it initially estimated after a key ratings agency downgraded the state’s debt on Wednesday.
Standard & Poor’s cited structural imbalances created by the tax cut in its decision to slice Kansas’s bond rating from AA+ to AA. That means Kansas will have to offer a higher interest rate to lenders when it issues new bonds." WaPo