Missouri Budget

Earlier this year, the Missouri House approved a measure that, if approved by the Senate and voter,s would create one of the strictest appropriations lids in the nation.  If the lid had been enacted in 1992, Missouri would have hit the cap in nearly every year from FY 1993 Read More

The streamlined sales and use tax agreement would level the playing field for MO businesses and allow the state to collect taxes owed on online purchases.  However, a recently passed House committee substitute now includes language that would create inherent long-term policy Read More

A new analysis indicates that Missouri’s budget woes are worse than in previous recessions, and that the state will not recover soon. Not only will Missouri continue to experience annual budget shortfalls, but it will not achieve pre-recession purchasing power until FY Read More

The Missouri Senate Special Committee on Social Service Program Savings is currently assessing the concept of a block grant for the state’s Medicaid program. However, as a strategy to save money, it is a risky proposition. To learn more, click here. Read More

Recent state general revenue trends raise concern about the state’s to meet revenue projections for the current year. Moreover, the dynamics of revenue growth call into question two unusual components of the Executive Budget Proposal.  To learn more about why Read More

State lawmakers will soon consider a proposal to repeal Missouri’s circuit breaker property tax credit, which enables 219,000 Missouri seniors, people with disabilities, and veterans to remain in their homes by offsetting costs related to property taxes. To learn more about Read More

In his budget proposal for FY 2013, Governor Nixon proposed significant reductions in funding for Medicaid. To achieve these reductions, more than $190 million in "efficiencies" were recommended.  To learn more about the details of the proposal, click here. Read More

Governor Nixon’s proposed budget continues a 3 year trend of spending cuts to balance the budget. A better approach includes more revenue to keep Missouri from falling further behind, build strong schools, create an environment for job growth, and protect vital programs. Read More

The state of Missouri will face a budget shortfall nearing $800 million in fiscal year 2013, making it more difficult than ever for the state to make vital investments to create jobs and boost our economy, according to a new analysis by the Missouri Budget Project. The shortfall Read More

Four new initiative petitions have been filed that would place before voters a constitutional amendment to greatly expand the sales tax and eliminate the personal income tax. If passed, the new tax structure would result in general revenue shortfalls of at least $2.5 billion Read More