A negative bond advisory directed at Kansas state government inspired House Speaker Ray Merrick to issue a statement in defense of economic policy shaped by Republican legislators and Gov. Sam Brownback.
The Stilwell representative didn’t directly address deepening bond risk linked to state revenue fluctuations, highway and pension fund transfers and budget deficits. Instead, the top official in the House offered commentary on Kansas unemployment, revenue, pension and spending issues worthy of a look by Fact Meter.