More delays in reaching decision regarding China hub
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More delays in reaching decision regarding China hub

Date: September 12, 2011
By: Rebecca Woolf
State Capitol Bureau

Intro: 
The administration's China hub project meets skepticism at a Senate briefing.
RunTime:  0:39
OutCue:  SOC

Wrap: 

Senators are saying they need more information.

A spokesperson from a private company hired by the Nixon administration presented the cost-benefit model of the hub, but was met with a whirlwind of questions from senators.

Savannah Senator Brad Lager says the sacrifices necessary to make in order to build the hub must be taken into account.

Actuality:  LAGER2.WAV
Run Time:  00:13
Description: "Every dollar that we invest in this, or any other economic incentive, is a dollar that we're not gonna put in education, or we're not gonna put in roads, or we're not gonna put in a bigger issue. And we need to understand what those returns and opportunity costs are."

Senators plan to meet later today to continue the discussion.

From the state Capitol, I'm Rebecca Woolf.

Intro: 
Lawmakers question the administration's consulting firm on China hub tax break benefits.
RunTime:  0:44
OutCue:  SOC

Wrap: 

Discussion regarding the hub is ongoing and senators are asking for more information.

A spokesperson from a private company hired by the Nixon administration presented the cost-benefit model of the hub, but senators say they still have questions.

St.Louis Senator Maria Chapelle-Nadal says she wnats to see the company address the issue of road construction before she makes a decision.

Actuality:  NADAL.WAV
Run Time:  00:15
Description: "I would like you to put in your hypothesis - in your formula - any changes, possible changes, you foresee in the road infrastructure. And then I would like to see the benefit of cost ratio."

Discussion regarding the China trading hub will resume later today.

From the state Capitol, I'm Rebecca Woolf.

Intro: 
Missouri senators grill a consulting firm about the administrations China hub tax break proposal.
RunTime:  0:32
OutCue:  SOC

Wrap: 

A spokesperson from a private company hired by Nixon's administration presented the cost-benefit model of the hub to senators, but they say they still need more information.

St.Joseph Senator Rob Schaaf says he wants to see proof of the model's effectiveness before he makes a decision.

Actuality:  SHAW.WAV
Run Time:  00:09
Description: "Do you have anything at all to give us - say REMI models work, somethimes they don't work? What percentage of the time do they work, what percentage of the time do they fail?"

Discussion regarding the China trading hub will resume later today.

From the state Capitol, I'm Rebecca Woolf.