Missouri Governor Jay Nixon today announced an additional $301.4 million in budget cuts for fiscal year 2011 (FY 2011), which begins on July 1, 2010. These significant cuts come at a time when the Governor has announced his interest in holding a special legislative session to approve $15 million per year in tax incentives for Ford Motor Company at the expense of state employees’ retirement benefits. Click here to read a news release on this latest round of budget cuts.
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