Kansas Senate Bill Substitute HB 2117 published by the conservative American Legislative Exchange Council (ALEC), supported by "The Wall Street Journal", supply-side economist Arthur Laffer, and anti-tax leader Grover Norquist. By 2017, state revenues had fallen by hundreds of millions of dollars causing spending on roads, bridges, and education to be slashed, but instead of boosting economic growth, growth in Kansas remained consistently below average. That year, the Republican Legislature of Kansas voted to roll back the cuts and after Brownback vetoed the repeal overrode his veto. As a conservative Republican Senator from Kansas, Brownback had been reelected by large margins in 1998 and 2004, and
Notional Defined Contributions pension system the pension is based on history of lifetime earnings and is much more heavily influenced by misreporting of one’s income. In Poland NDC pension scheme was introduced in 1996. The country faced serious fiscal challenges with rate of contribution into the pension system having reached 45% of gross wage. The system was implemented in 1999 after long political discussion about its various aspects and was meant as means of both reducing the future pension debt and motivating workers to prolong their careers. Notional Defined Contributions The term Notional Defined Contributions or Non-financial Defined Contributions or NDC refers to