Tag Archives: taxes

So Far, So Fast: Missouri’s Budget Woes

I sat down to write a wrap for KBIA recently about the Missouri’s budget situation, and it hit me like a bolt of lightning just how far we’ve come in so short a time.  I’m still marveling at how quickly the state’s budget situation has devolved into a potential crisis.

Think about this:  In late January, Gov. Jay Nixon promised no cuts to K-12 and higher education (whatever the truth value of those are… that’s another blog…) in his State of the State address.  He said the state is one of the best-positioned in the nation to emerge quickly from the recession.  The official line was that state revenues will grow in Fiscal Year 2011 — not by a little, but by a lot:  3.6 percent. Continue reading

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