Just hours before Missouri’s new fiscal year begins, Gov. Eric Greitens on Friday announced that he was trimming more than $250 million in budgeted state spending, concerned that the state’s income would not cover all of legislators’ allocations.
Most of the trims, called “withholds,” are temporary and could be restored if the state’s finances improve. They largely affect dozens of programs in the state’s departments of health, social services and higher education. For example, Greitens is withholding $60 million of the state’s share of Medicaid spending but predicts the money likely won’t be needed to match the federal portion of the Medicaid spending.