Standard and Poor's say Kansas could see credit rating drop, depending on how budget crisis is handled

A national credit rating service says there’s at least a 50-50 chance it could lower Kansas’ AA credit rating later this year, depending on how the Legislature handles the state’s current budget crisis.

The Kansas City Star (http://bit.ly/1XSMZEN ) reports Standard and Poor’s Rating Services said Monday it had placed Kansas on a “credit watch” because of the state’s budget shortfall and concerns about Gov. Sam Brownback’s proposal for filling ...