Intro: Missouri lawmakers raise questions over Blunt's new MOHELA plan.
Under latest version of the governor's plan, $25 million of the revenue from the sale of the state's college loan authority would go to existing scholarships.
A far cry from Blunt's original proposal of $100 million.
Some other differences include the addition of the Missouri Development Finance Board, which will serve as a channel for the revenue from the sale of college loans between MOHELA and the schools.
Senate Pro Tem Mike Gibbons says the governor's move is legal.
Actuality: GIBBSON1.WAV |
Run Time: 00:14 |
Description: "There's been a lot of laywers studying this question and I think there's great confidence that the use of money as it's been proposed by governor Blunt is in fact legal." |
The plan failed in the House during the eleventh hour of the last legislative session in May.
In Jeffereson City, I'm Hillari Duthoo.