• Home
  • News
    • Business
    • Crime / Courts
    • Health / Medicine
    • Legislature
    • Politics / Govt
  • Sports
    • The Bill Pollock Show
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Missourinet

Your source for Missouri News and Sports

You are here: Home / Legislature / Plan To Spend Future Tobacco Money Raised Again In Senate

Plan To Spend Future Tobacco Money Raised Again In Senate

April 23, 2002 By admin Leave a Comment

An estimated $4.5-Billion could be coming to the state in the next 25 years from tobacco companies because of the national lawsuit settlement. But some lawmakers think the state’s budget problems can’t wait. Senator Ken Jacob wants to sell the rights to about $1.2-Billion for $600-Million. Jacob doesn’t think the state is going to get $4.5-Billion dollars in the next 25 years because of declining amounts of smoking. He thinks the state is better off taking $600-Million and leaving buyers of statebonds with the risk of recouping their investments.

Share this:

  • Facebook
  • Twitter

Filed Under: Legislature Tagged With: Tobacco

Subscribe to our daily newsletter

Leave a Reply Cancel reply

Your email address will not be published.



Tweets by Missourinet

Sports

SLU gets needed A-10 win over Richmond

Hasahn … [Read More...]

Missouri State clinches 3rd seed in MVC

Missouri … [Read More...]

Whit Merrifield is convinced the Royals are going to make a run (AUDIO)

Whit … [Read More...]

Baseball expert say Royals first five hitters has big threat potential (PODCAST)

Thanks for … [Read More...]

Mizzou to face LSU on March 6 at home

The … [Read More...]

More Sports

Tweets by missourisports

Archives

Opinion/Editorials

TwitterFacebook

Copyright © 2021 · Learfield News & Ag, LLC