TOPEKA, Kan. (AP) — Gov. Sam Brownback and Kansas legislative leaders are shifting $675 million among various state accounts so that the state can pay its bills on time over the next year.
But their meeting Thursday turned into a contentious debate over the Republican governor’s fiscal policies and the massive personal income tax cuts he championed to help stimulate the economy.
Brownback met with eight top lawmakers — including the Legislature’s two Democratic leaders — to get their approval for an internal financial move that’s become an annual routine. The state credits money from various accounts to its general fund.
Last year, the borrowing was $300 million, and Democratic leaders suggested the state’s finances have deteriorated. But Brownback said the state has a growing economy because of the tax cuts.