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Missouri Governor Jay Nixon set to announce state budget cuts

Thursday, June 25, 2009 | 10:43 a.m. CDT; updated 9:45 a.m. CDT, Monday, April 26, 2010

JEFFERSON CITY — Gov. Jay Nixon is ready to outline his cuts to Missouri's budget.

Nixon has scheduled a news conference for late Thursday morning at his Capitol office to discuss Missouri's budget for the 2010 fiscal year, which begins July 1.

Nixon's budget director already has said the governor will make well more than $100 million of line-item vetoes and spending reductions in the budget.

Legislators passed a roughly $23 billion operating budget, as well as a $600 million capital improvements bill that includes numerous projects funded with federal stimulus money.

The expected budget cuts come as Missouri's tax revenues decline by an even greater amount than state officials had forecast.

 


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Comments

Nate Birt June 25, 2009 | 10:59 a.m.

Answer this question, readers: What Missouri budget items will get the ax from Gov. Jay Nixon?
— Nate Birt, Missourian teaching assistant

(Report Comment)
Ellis Smith June 25, 2009 | 1:56 p.m.

Missouri is a state; it is not the national government. As a state, Missouri cannot run budget deficits, nor is it allowed to legally print money to cover its deficits.

If expenditures are greater than revenues there are only two choices: either reduce expenditures or increase revenues, which usually translates into raising state taxes. (Actually, the state could engage in both those options simultaneously, and that might be the best possible solution.) If the legislature is unwilling to raise taxes, the only alternative is to reduce expenditures.

It's not rocket science!

(Report Comment)
Terry Martin May 8, 2010 | 8:53 a.m.

The simple truth is that when you spend more than you have the responsible thing is to either increase income or decrease expenses. That goes for me, you, the states and the nation. We've been totally irresponsible as a whole with our monetary system. Some people a long time ago learned that encouraging others to spend money they didn't have was a way to make big bucks. And most people went along with it which is why the great majority of people have debt. So now it's time to tighten the belt, reduce the lattes and even it out. It's time for people to quit crying, realize their personal responsibility and change. Maybe our family values will have room to grow. Maybe some sense of integrity and choice of doing what's right instead of what feels good may take hold. It's time to change, and the change starts with me and you. Make better choices, that's the key.

(Report Comment)
Jimmy Bearfield May 8, 2010 | 2:46 p.m.

Terry, two of the biggest mistakes I've ever made are 1) buying only as much house as I could afford and 2) living within my means. What I've learned over the past 18 months is that the government will just take money from people such as you and give it to spendthrifts. If you complain, you'll be labeled as selfish, greedy and maybe even racist.

Why be responsible? It's a sucker's game.

(Report Comment)

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