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You are here: Home / Legislature / House Approves Using Tobacco Settlement Money To Balance Budget

House Approves Using Tobacco Settlement Money To Balance Budget

April 18, 2001 By admin Leave a Comment

Members of the Missouri House have changed their position and approved dipping into the tobacco settlement money to plug a hole in the state budget. It’s a big win for Governor Bob Holden, who says he either has to use $127-million in tobacco money or withhold funds for college campus projects if he’s to close the hole in the budget. The current budtget is expected to be $300-million short. Holden says he has cut as much as he can and promises to only ask once for money from the tobacco fund.

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Filed Under: Legislature Tagged With: Bob Holden, budget, Tobacco

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