Tagged: Ryan Silvey

In the wake of a possible approximately 12.5 percent cut in higher education funding for fiscal year 2013, and ongoing discussion of tuition hikes and job cuts across the University of Missouri system in response, Missouri Governor Jay Nixon has announced an a

Missouri's legislative budget leaders may not go along with Gov. Jay Nixon's proposed cuts to public colleges and universities.

Nixon has proposed a 12.5 percent reduction to higher education institutions for the next academic year.

Senate Appropriations Committee Chairman Kurt Schaefer said Wednesday he does not intend to follow Nixon's recommendation. The Columbia Republican says the cut would be a huge blow to higher education.

Missouri lawmakers will be trying to plug a half-billion-dollar gap in next year's budget when they convene their 2012 session on Wednesday.

State budget director Linda Luebbering says much of the hole is due to a reduction in federal money, such as stimulus funds and Medicaid payments.  However, State Senator David Pearce (R, Warrensburg) suggests that that number is not set in stone.

“There are predictions anywhere from $400 to $900 million, (that could) be our shortfall for this upcoming year," Pearce said.  "How do you fill that?  It’s gonna be tough.”