Intro: |
One senator warns that Missouri's budget us heading towards a cliff, as the Senate passed the 2012 budget. |
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RunTime: | 0:47 |
OutCue: | SOC |
Wrap: The Missouri Senate passed next year's budget despite warnings that the use of one-term federal dollars would create a shortfall for next year.
Cape Girardeau Republican Senator Jason Crowell voted against the 2012 budget and argued that next year's budget could have a gap as large as 700 million dollar due to the use of federal stimulus money.
Actuality: | BUDGET1.WAV |
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Run Time: | 00:07 |
Description: "We are going to have to come to terms with what we are going to go with what I would call a hole in our budget when the federal money runs out." |
Appropriations chair Columbia Senator Kurt Schaefer said the Senate should wait until they have a more accurate estimate of the shortfall before acting on next year's budget.
The budget returns to the House where they will decide either to accept the changes made in the Senate or go to a conference.
From the state Capitol, I'm Jordan Shapiro.
Intro: |
The Missouri Senate was warned about an impending budget crisis, as it passed the 2012 budget. |
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RunTime: | 0:46 |
OutCue: | SOC |
Wrap: As the Missouri Senate passed the 23 billion dollar budget, one Senator warned about the state's fiscal policy and its impact on future budgets.
Cape Girardeau Republican Jason Crowell said the use of one-time federal funds in this year's state budget could create a budget shortfall as high as $700 million dollars next year.
Senate Appropriations Chair Columbia Senator Kurt Schaefer agreed with Crowell but said the problem should be discussed next year.
Actuality: | BUDGET2.WAV |
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Run Time: | 00:11 |
Description: "There will be a hole but it is my opinion and I think its what came out of the committee is we are better off waiting until we have more accurate information to see what that amount is." |
The budget returns to the House now, where they are expected to vote for a conference with the Senate.
From the state Capitol, I'm Jordan Shapiro.