'Fiscal cliff' could affect Missouri economy, budget

Tuesday, December 11, 2012 | 9:09 a.m. CST; updated 10:39 a.m. CST, Tuesday, December 11, 2012

JEFFERSON CITY — Missouri could lose about $125 million in federal funding for various programs and the state's military-related economy could take a $1 billion hit, according to a projection of what to expect if officials in Washington don't reach a deal to avert the "fiscal cliff."