Missouri panel seeks maximum cut of stimulus money

Wednesday, February 4, 2009 | 1:49 p.m. CST

JEFFERSON CITY — Gov. Jay Nixon's economic stimulus council is looking for ways Missouri can maximize its share of the expected federal stimulus money.

The group of business and government leaders from across the state met for the first time Wednesday. Nixon described tough economic times and told the group it should decide how best to use federal stimulus funds to create jobs.

Co-chairman Steve Stogel, a St. Louis business executive, said the group hopes to finish recommendations by Feb. 27. Stogel said he expects President Barack Obama to sign the stimulus bill around Presidents Day.

Nixon's Policy Director Jeff Harris said the group should not focus on individual projects but on ensuring measures are in place to use the money quickly.

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