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Cardinals stadium faces uphill battle

Gov. Bob Holden says he won't risk fiscal failure in order to help build a stadium for the Cardinals. Aaron Cummins has the story from Jefferson City--

Holden still won't take a stance on the proposal, but he says Missouri's financial situation will decide the fate of a new downtown ballpark.

Holden announced the state expects to have a budget shortfall of between $50 and $100 million for the fiscal year that ends in June.

That's bad news for stadium supporters, because Holden says he won't endorse the plan unless it fits into the state budget.

From the state capital, Aaron Cummins, KMOX-News.

The drive to build a new Cardinals ballpark hit a pair of roadblocks from two of the state's top political figures today/Thursday. Aaron Cummins has more--

House Speaker Jim Kreider told reporters now isn't the right time to spend state money on a baseball stadium.

Just a few minutes later in a press conference of his own, Governor Bob Holden said he wouldn't risk the state's budget to finance a new home for the Cardinals.

Holden says he hasn't taken a final position.

But, with the state looking at a budget shortfall of up to $100 million, the chance of the Cardinals getting state funding this year is getting less likely.

From Jefferson City, Aaron Cummins, KMOX-News.