UPDATE: Gov. Nixon proposes $430 million in budget cuts

Thursday, June 25, 2009 | 4:05 p.m. CDT; updated 4:18 p.m. CDT, Thursday, June 25, 2009

JEFFERSON CITY — Gov. Jay Nixon vetoed $105 million from Missouri's budget Thursday and placed on hold an additional $325 million of expenditures as the state faces declining revenues.

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