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Lobbyist Money Help  

State leaders voice their opinions on the state economy

December 15, 2003
By: Zachary Ottenstein
State Capital Bureau

The state's budget director says Gov. Bob Holden is going to make another run at raising taxes.

Zack Ottenstein (ah-ten-stine) has more from Jefferson City.

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Despite Missouri's economic growth, lawmakers continue to disagree on the status of the state economy.

The difference between budget estimates from Republican lawmakers and budget estimates from the governor's office total some 500 million dollars.

State Budget Director Linda Luebbering says right now the governor is planning to ask for tax increases in next year's budget.

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Contents: Luebbering says the governor has not made his final budget decisions, there have been some discussions about whether he will include some targeted revenue enhancements and she believes he will.

Republicans say the Missouri economy is performing better than the governor believes, and that next year's expected shortfall will not require a tax increase.

From the state Capitol, I'm Zack Ottenstein.


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Lawmakers are in the process of creating a revised revenue estimate to help the governor decide whether to release withholdings.

Zack Ottenstein has more from Jefferson City.

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The estimate comes from leaders in the Missouri House and Senate, as well as the Governor.

While Republicans have said the governor should release withholdings, the governor's office has maintained that the Missouri economy is not performing as well as it looks on paper.

State Budget Director Linda Luebbering says one reason current numbers are overstated are tax refunds the state will pay out next year.

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Contents: Luebbering says refunds are going to happen in the second half of the fiscal year and must be taken into consideration, when looking at how much money the state has to spend.

Governor Holden is expected to decide whether to release withholdings at the end of the month.

From the state Capitol, I'm Zack Ottenstein.