Lt. Gov. says Missouri will turn down some stimulus funds

Intro: Missouri's Lieutenant Governor says the state will have to turn down federal stimulus funds aimed at the unemployed.

Max Reiss (REECE) has more from Jefferson City.

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Kinder says Missouri has no choice but to turn away some of the stimulus dollars because state law does not allow it.

The Lieutenant Governor said stimulus money for the unemployed will run dry in two years and that businesses will be stuck to replenish the fund.

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Description: "We are here to say no. We believe this is imprudent and improvident public policy."

Just last week, Governor Jay Nixon said he will spend every stimulus dollar Missouri gets.

Kinder also said he will oppose raising any taxes in order to accommodate for the federal dollars in the future.

Reporting from the State Capitol, Max Reiss, Newsradio 1120, KMOX.

Intro: Lieutenant Governor Peter Kinder says the state will be forced to turn down some federal stimulus money.

Max Reiss (REECE) has more from Jefferson City.

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Kinder says state law will have to change if Missouri plans to accept federal money for its unemployment compensation fund.

His comments came only a week after Governor Jay Nixon vowed to spend every penny the state gets from the stimulus package.

The Lieutenant Governor said the extra cash may sound good now but will spell bad news in the future.

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Description: "This is essentially a federal bribe to change state laws permanently and the bribe lasts two years or late."

Kinder said accepting the money will force businesses, big and small, to replenish the state's unemployment fund.

Reporting from the State Capitol, Max Reiss, Newsradio 1120, KMOX.

Intro: The state's number two executive says Missouri will have to turn away stimulus funds because state law would have to be changed in order to accept them.

Max Reiss (REECE) has more from Jefferson City.

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If the governor wants to take federal bailout funds to expand unemployment benefits, then state law will have to be changed.

That's according to Lieutenant Governor Peter Kinder.

He said Jay Nixon has to rethink his stimulus plan.

Governor Nixon's spokesperson Jack Cardetti said the state's chief executive has never made that suggestion.

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Description: "Of course not. The governor has not proposed change to state law at all in this matter. Uhh, because he's committed to working with the legislative leaders, uhh, to come to an agreement on this whether or not we do it or not. He wants that to be a bipartisan decision."

Kinder said expanding the unemployment compensation fund will run it dry in two years leaving businesses responsible for filling it up again.

Reporting from State Capitol, Max Reiss, Newsradio 1120, KMOX.