St. Louis Public Radio News
4:10 pm
Wed July 2, 2003

Holden Announces Budget Cuts

Jefferson City, MO – Governor Bob Holden is freezing more than
$250 million in state spending.

Most of the cuts come from public schools, which will lose about $197 million. State colleges and universities also will
lose about $25 million.

The state agencies with big budgets -- corrections, social services and mental health -- also stand to lose.

Holden has said the spending freezes are necessary because the Legislature failed to pass a balanced budget.