© 2022 St. Louis Public Radio
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Other

Holden Pushes Jobs Program in St. Louis

1563979-208978773.jpg
(UPI)
/

By Kevin Lavery, KWMU

St. Louis – Missouri Governor Bob Holden was in St. Louis Thursday to tout a job creation package he hopes will win legislative approval.

The governor says redirecting three outdated tax credit programs into a statewide bond issue would target investment in critical infrastructure programs.

Holden says his Jobs Now package would not increase taxes, but create thousands of new jobs.

"You can't put a definite number on it, but I can tell you for every $1 million we invest in infrastructure, there's $17 million of return to the taxpayers of the state of Missouri," Holden said. "That's a pretty good ratio."

Holden adds the program would also help local communities raise matching funds to leverage federal dollars used to pay for large scale public projects.

Other

Send questions and comments about this story to feedback@stlpublicradio.org.