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Press Releases

Extreme Tax Proposal Will Undermine MO Economy

The tax cuts passed today by the Senate Ways & Means Committee will slash the state’s general revenue budget by nearly one-fourth, resulting in devastating cuts to services throughout the state. Instead of spurring the economy, the proposal will severely undermine
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Proposals to Cut Corporate Income Taxes Could Impede Economic Growth

"Corporate income tax rates play a negligible role in business decisions, most research shows," said Amy Blouin. "Businesses cite access to a skilled workforce and efficient transportation as being much more important to business location and investment decisions,
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Bonding Proposals Promising If New Repayment Revenue Source Identified

"With extraordinarily low interest rates, significant infrastructure needs, and modest additional debt service costs, it may be time for Missouri to consider a new bond effort," said Amy Blouin, Executive Director of the MIssouri Budget Project. "However, because
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Medicaid Expansion Would Have Most Significant Impact in Rural Missouri

A Missouri Medicaid expansion would reduce the state’s uninsured by more than one-fourth, bringing an estimated $1.56 billion in new health care funding to the state and providing coverage for roughly 267,000 Missourians. The expansion would have the most dramatic impact in
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Missouri Ranks among Worst States for Growing Income Inequality

The gap between the incomes of Missouri’s richest households and middle-income households had the 7th largest increase in the nation,according to a new report by the Center on Budget and Policy Priorities and the Economic Policy Institute. Growing income inequality in
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Reducing Federal Deficits Without Significant Revenue Would Cost Missouri Billions

Tackling the federal budget deficit without significant new revenue could cost Missouri more than $3.4 billion between 2013 and 2021, damaging ecoomic recovery and future growth by drastically cutting federal investments in schools, roads & bridges, safe communities, and
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Press Release: Missouri Faces $800 Million Budget Shortfall in FY 2013

The state of Missouri will face a budget shortfall nearing $800 million in FY 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. The shortfall is more than $300 million more than
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