March 25, 2010

MO House Passes Trimmer Budget – Relies on Stimulus For Help

images[1] Late today, members of the State House passed a $23+ million budget for the upcoming fiscal year.  The budget is more than $200 million less than the budget originally proposed by Gov. Nixon.  However, it is $300 million more than Gov. Nixon says will be needed to balance the budget in the face of declining sales tax revenues.

House Republicans plan to make up the $300 million shortfall with federal stimulus funds.  Those one-time funds offer only a short-term solution to the budgetary crisis.

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1 comment:

  1. DavidMarch 26, 2010 at 8:29 AM

    Is this the same Republicans that said they did not want stimulus money? Will they take credit for balancing the budget? Should they give the money back because it came from a Democrat program?

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