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Holden Announces Budget Cuts

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By AP/KWMU

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.

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