Missouri House Strikes Compromise In Budget Battle

A compromise in the Missouri House gives Governor Bob Holden $50-Million more to help with the current fiscal year’s budget. The House has overwhelmingly approved a measure to turn a third of the state’s national tobacco settlement money into bonds to...

House Passes Tobacco Securitization Bill

The Missouri House has passed a tobacco securitization bill that would give Governor Holden $100-Million to deal with the current fiscal year’s budget crisis. It would then take $300-Million that would be used for the 2004 fiscal year, which begins July 1st....

Securitization Effort Gets Hearings In Legislature

Majority Republicans in the Legislature say they’ll give Governor Bob Holden about one third as much money as he says he needs to avoid more budget cuts in the last quarter of this fiscal year. Bethany Senator David Klindt is sponsoring a bill authorizing bonds...
Missourinet