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General Revenue Growth Insufficient for Current Budget

This week the Missouri Office of Administration released the details of the state’s general revenue tax collections in February and for the fiscal year from July 1 through February. As of the end of February, the amount of revenue for the year to date has grown by 4.9 percent
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State Earned Income Tax Credit Would Benefit Missouri

Earned Income Tax Credits (EITCs) encourage work, enhance take-home pay, improve health & economic outcomes, and have lasting benefits. Proposals to create a state-level EITC would build on these benefits of the federal EITC for more than 500,000 Missouri families. Click here
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Missouri Budget 101

Each day, every Missourian is affected by the General Assembly’s budget decisions – when you visit your local hospital, you child goes to school, or you just drive. The state constitution requires the budget be balanced, and priorities must be weighed against each
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Revenue Levels Hinder Growth

Creating and maintaining good jobs and promoting a decent quality of life come from providing quality education from preschool through college, ensuring a solid safety net for when times are hard, and investing in reliable infrastructure, but Missouri is heading in the opposite
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Medicaid Makes (Dollars &) Sense

An oft-cited claim by Medicaid opponents is that Missouri can’t afford to expand Medicaid. But the truth is, Missouri can’t afford NOT to expand and transform our MO HealthNet, Missouri’s Medicaid program. As shown in a newly released report by the Missouri Budget Project,
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Tax Cuts Fling Missouri Toward Massive Budget Cliff

Despite the release of many gubernatorial budget restrictions, weak state general revenue collections continue to require reduced funding in the current year. However, Missouri’s current budget challenges are just the beginning of a massive, self-imposed fiscal cliff
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Amendment 10: A Solution in Search of a Problem

In November, Missouri voters will decide on Amendment 10, a proposed amendment to the state constitution that would essentially shift the authority over and responsibility for maintaining a balanced budget from the Governor to the General Assembly. Unfortunately, the measure
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Legislators Should Sustain Tax Vetoes

For Immediate Release: September 9, 2014 Legislators Should Sustain Tax Vetoes Statement from Executive Director Amy Blouin  As legislators consider whether to override Governor Nixon’s vetoes of budget-busting tax breaks or state spending, it is critical to recognize the dire
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Missouri Revenue: Digging Out from a Hole, Only to Go Over a Tax Cut Cliff

Recent spending restrictions are just the beginning of a steep fiscal cliff for Missouri as a result of tax cuts passed in the 2014 legislative session. To maintain FY2014 services and fully fund education, Missouri would face a more than $2 billion shortfall when tax cuts are
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Today’s Budget Restrictions are Just the Beginning

"While today’s budget restrictions are painful, the legislature’s ill-conceived tax cuts will leave critical services competing for budget crumbs far into the future."  To read MBP’s full reaction to budget restrictions announced by the Governor,
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