MO Experiencing Revenue Shortfall

Missouri Governor Jay Nixon wants to spend an additional $278-million on education the next fiscal year, but he may have to find a new source to do so. State Budget Director Linda Lubbering reports that most of the state's resources for health care and education - tobacco sales, lottery tickets and casinos - are bringing in lower revenues than what state leaders budgeted for this year. Nixon has said he'd use general revenue cash to support health care programs that are short on funding.

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Topics : Business_FinanceEducationSocial Issues
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Locations : Missouri
People : Jay NixonLinda Lubbering