I am not a nervous person.
Yet, I envy the calm of Kansas legislators and their ability to “shake off” the news Kansas tax collections for April are $92 million less than projected.
The news caused Moody’s to downgrade the state’s bond rating from Aa1 to Aa2 because of what the investment service views as a higher risk for Kansas defaulting on its obligations.
Ty Masterson, Andover, and chairman of the Senate Ways and Means Committee, said not to worry. “This year we have plenty of money in the bank,” according to an Associated Press report.
