02 Dec 2012
Page 1
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Newspaper
The Hays Daily News
Location
Hays, Kansas, United States of America
Date
Dec 02, 2012
Page
1
A fragmented item notes a seam stress issue at Plainville with side line tensions rising during a storm event. Local observers glimpse shifting through the wind effects and potential consequences for nearby structures and traffic.
Paul Adams of Fort Hays State University tells a crowd at Gellas Diner that no asteroid, rogue planet, solar flare, or calendar omen threatens Christmas. Doomsday hype, driven by money, has spurred past mass panics, but the winter solstice on the Mayan calendar is not an end of world sign.
Senator Jerry Moran of Kansas held an informal Russell town meeting focusing on deficits and health care. He warned the fiscal cliff could harm the economy and criticized tax increases unless benefits exceed costs. Moran noted tighter bank regulations hinder young entrepreneurs while urging prudent long term spending cuts.
Market analyst Randy Black told the Kansas Livestock Association convention that consumer meat prices will rise 5 to 8 percent next year as drought cuts cattle herd size. Roughly 70 percent of the herd affected, with the national inventory down about 1 million cattle by January, while beef production has doubled since 1958 due to heavier animals. Expects plant and feedlot closures as slaughter declines.
Kansas collected about 441 million in November, beating a 439 million forecast, yet officials warn a personal safety budget shortfall may force spending cuts. Gov Brownback calls the report evidence of improving economy, as lawmakers face a 328 million gap between revenues and existing commitments by July 2014. The state expects nearly 6.2 billion this year but revenues may dip below 5.5 billion next fiscal year. The income tax cuts this year included elimination of state income taxes for 191 000 owners of partnerships.
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