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Republicans craft plan to fix current fiscal year shortfall

February 4, 2003
By: Johnathan Woodward
State Capital Bureau

Republicans have a plan for fixing the shortfall in the current state budget--and Governor Holden says he'll give it a chance.

Johnathan Woodward has more from Jefferson City.

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The Republican plan would borrow $100 million from tobacco settlement funds.

Another $250 million would come from cuts to state agencies, accounting changes, and delaying a building project at UM-Kansas City.

House Speaker Catherine Hanaway calls the plan a painful compromise:

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Governor Holden says he has some initial concerns with the plan--but also says he's willing to examine the ideas, and says he's glad the GOP has made an independent proposal.

In Jefferson City, Johnathan Woodward, KMOX News.


Republicans in Jefferson City have presented a plan to fix a $350 million hole in this year's state budget.

But will Governor Holden consider the proposal?

Johnathan Woodward has more from the State Capitol.

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Republicans in the legislature are proposing to borrow $100 million from tobacco settlement funds, along with $250 million in other cuts, accounting changes, and delaying a building project at UM-Kansas City.

Governor Holden says he's going to examine the G-O-P plan--but can't promise a compromise just yet.

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Republicans say their plan is a painful compromise.

But, they also say spreading out spending of tobacco money over two years--as opposed to one five-month chunk in the governor's plan--is a smarter move.

It's now up to Governor Holden to decide whether to compromise.

In Jefferson City, Johnathan Woodward, KMOX News.


Governor Holden has made his proposal for fixing Missouri's current budget shortfall--and now Repulicans have countered.

Which plan will win in the end?

Johnathan Woodward has more from Jefferson City.

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Republicans are proposing to fill the $350 million hole with $100 million borrowed from tobacco settlement funds.

The other $250 million would come from cuts to state agencies, accounting changes, and holding off on a new building at UM-Kansas City.

Senate President Pro Tem Peter Kinder says the cuts will be painful--but are necessary.

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Governor Holden says he'll consider the GOP plan.

But, Holden won't promise if, or when, a compromise will surface.

In Jefferson City, Johnathan Woodward, KMOX News.