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.