The Missouri Chamber of Commerce has issued a call to Governor Bob Holden and state lawmakers to start looking at the reasons for our budget problems and to take appropriate action to get us out of the situation we’re in. The Chamber has completed a study showing spending is outpacing revenues by a wide margin and the Holden Administration’s only proposal is to talk about increasing taxes on business. Chamber President and Chief Executive Officer Dan Mehan says the state must consider cutting spending before it can move ahead with any serious effort to deal with the budget situation. He adds the state has run out of short-term fixes and must now change the budget process to base the total amount of spending on actual revenue collected from the previous fiscal year.
