Colyer says loans in Kansas race 'cash management'

By: Associated Press
By: Associated Press

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GARDNER, Kan. (AP) -- Kansas Lt. Gov. Jeff Colyer is defending his short-term, $500,000 loans to Gov. Sam Brownback's re-election campaign as "simple cash management."

Colyer said Saturday before a parade in Gardner that the Republican governor's campaign is simply managing its resources well, just as elected officials should manage the state's finances well.

But Democratic challenger Paul Davis said the reasons behind the loans remain a mystery.

Finance reports filed by Brownback's campaign show that Colyer loaned the campaign $500,000 on Dec. 31, but the campaign paid him back on Jan. 2. Then, Colyer loaned the campaign another $500,000 on July 23, the day before the finance reporting period ended.

Colyer said repaying the first loan quickly made sense because the campaign wouldn't have earned much interest on it.

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