Kelly’s budget described as ‘house of cards;’ Administration says it provides stability

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(Updated to reflect lawmaker reaction to Kelly budget; will be updated again this afternoon.)

Gov. Laura Kelly's new budget proposal came under immediate fire Thursday with Republican lawmakers questioning how she will pay for her spending plan by restructuring payments to the state's retirement system.

Kelly's proposal to reamortize payments to the Kansas Public Employees Retirement System over 30 years will save the state $145 million, which frees up money to pay for the programs the new governor wants to finance.

Currently, the state is on track to cover most of its unfunded liability by 2033. Under . . .

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