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Article: Missouri Governor Seeks More Revenue as Business Targets Spending.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- December 2, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Josh Flory, Columbia Daily Tribune, Mo. Knight Ridder/Tribune Business News
Dec. 2--To understand the current battle raging between the administration of Gov. Bob Holden and business-oriented interest groups, consider the following number: $1.2 billion.
That's the difference between state spending in fiscal year 2001 and the fiscal that ended June 30. But the interpretations of that number vary widely, and that divergence sums up the battle for public opinion that is under way.
Six months ago, Holden slashed millions of dollars from the 2002 budget -- much of it from higher education -- in order to offset unexpected revenue shortfalls. ...