Plea to Not Use Federal Stabilization Funds Goes Unheard in Senate
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Plea to Not Use Federal Stabilization Funds Goes Unheard in Senate

Date: May 7, 2009
By: Rebecca Layne
State Capitol Bureau
Links: SCS HCS HB 3

Intro: Conservative Senate Republicans argued to not adopt stabilization funds for higher education, but a majority vote in the Senate overruled their pleas. RunTime:0:41
OutCue: SOC

Republican Senator Matt Bartle argued for his fellow senators to forgo accepting federal stabilization funds for higher education.

He said the funds were borrowed money that would not be there in the future.

Like Bartle, Republican Senator Luann Ridgeway says she does not like relying on borrowed money, but she says the funds are Missouri's most unfettered money and should be used for the people.

 

Actuality:  RIDGEWAY.WAV
Run Time: 00:07
Description: Personally, I think we should be using this money to put it back into the hands that it was wrongfully taken from: the people of Missouri.

The stabilization funds for higher education were eventually accepted with a majority vote despite Republicans' pleas.

Reporting from Jefferson City, I'm Rebecca Layne ... KSMU.


Intro: Conservative Republican Senators pleaded for the Senate to forgo adopting federal stabilization funds but had no success. RunTime:0:40
OutCue: SOC

Republican Senator Matt Bartle says the $148 million in stabilization funds for higher education is borrowed money from China.

Bartle says Missouri should not rely on funds that wont be available in the future.

He says that someone will have to eventually pay this money back.

 

Actuality:  BARTLE.WAV
Run Time: 00:14
Description: Eventually, somebody's going to have to pay for it. And if you think, middle-class taxpayer, that some rich guy is going to pay your bill, wake up! That's not going to happen. The middle-class taxpayer is going to pay the freight for this.


Despite Bartle's rant, the federal funds for higher education were accepted with a vote of 29 "yes" to 4 "no."

Reporting from Jefferson City, I'm Rebecca Layne ... KSMU.


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