Yesterday I was watching America’s Newsroom, and Megyn Kelly did a story about the budget crisis in Kansas. According to the Governor, Kathleen Sebelius (D), the state was not going to be able to pay tax refunds or state employees on time. Sebelius wants to borrow money from other state accounts within Kansas; however, Republican legislators want budget cuts because they feel Sebelius’s solution is irresponsible. Republican leaders in the state House and Senate (both where they’re in the majority) argued that the internal borrowing wasn’t legal until the Kansas had a balanced budget for the fiscal year (the fiscal year ends June 30).
Watch the video, and I’ll discuss it below (video courtesy of FOX News):
Since that video, the Governor signed a budget-balancing bill, and the Republicans have said that the internal borrowing is now legal.
House Speaker Mike O’Neal told reporters, “I’m extremely pleased that she signed it, because that’s what needed to happen.” Senate President Steve Morris also told reporters, “This action gives us reassurances that we will have the resources to repay this.”
Meanwhile, Sebelius said, “I’m just sorry that we had to have high drama and worry a lot of Kansans about our ability to pay our obligations in order to get to the end of the process.”
Personally, I agree with Megyn Kelly. And while she may have been a little mean to Treasurer Dennis McKinney, she has a point – it’s bad management if you need to do borrowing within your state. The state should be able to balance their budget and pay taxes back to people and pay their employees. Unfortunately, I can’t find the discussion that went on on FOX News yesterday, but they brought up a point to citizens: Don’t give the government so much money when you fill out information for withholding. You have the option to withhold more, and if you’re doing that now, just don’t. I’m not saying lie and withhold less than you should. I’m saying, only have them withhold the minimum that you legally have to. That way, when states like Kansas can’t pay you back on time, you’re not getting screwed. If you don’t pay the government their taxes, you get penalized. When they don’t pay you back, what happens to them? NOTHING! It’s unfair! So, just don’t give them extra money!
I’ll try to find that discussion video and post that and discuss it in a later blog post, but right now, FOX News’s search for videos isn’t working right.
Tags: America's Newsroom, Budget, Crisis, Democrat, Democrats, Dennis McKinney, Fiscal, Fox, Government, Governor, House of Representatives, Kansas, Kathleen Sebelius, Law, Laws, Legislators, Megyn Kelly, Mike O'Neal, Money, Politics, Representative, Republican, Republicans, Senate, Senate President, Senator, Speaker of the House, Spending, Steve Morris, Tax Refunds, Taxes, Treasurer