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KC Reserve Bank Pres: Focus on Education to Grow Economy

The president of the Kansas City Federal Reserve Bank says Kansas should focus on investing in education and lowering tax rates to improve the state’s economic growth. Tom Hoenig (HAW-nig) told a group gathered in Topeka today (MON) that investing in education pays dividends by making states more competitive.

Governor Sam Brownback invited Hoenig to speak to a group of business and government leaders. Brownback says he hopes Kansas universities will increase their focus on academic programs that can help grow the state's economy.

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