By AP/KWMU
Jefferson City, MO – Missouri is $95 million richer today, thanks to the federal government.
The state has received its first installment of federal money, under a tax-cut and state-aid package recently signed into law by President Bush.
The money comes just ten days before the end of the state fiscal year.
Governor Holden's budget director says the money will be carried over into the fiscal year beginning July first, to help cover an
expected shortfall.
Missouri Senator Jim Talent says the state also should receive about $36 million in Medicaid money within the next few
days. That comes from the same federal legislation.
All told, Missouri is to receive almost $400 million from the legislation over the next year.