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Colin Jeffery

Colin Jeffery

Disagreement over Missouri revenue estimates for next year

Thursday, 19 December 2013 14:31 Published in Local News
JEFFERSON CITY, Mo. (AP) - Missouri lawmakers responsible for the budget have an agreement on a revenue estimate for next year's budget but say Gov. Jay Nixon did not sign off on it.
 
Legislative budget leaders and the governor typically reach a revenue estimate that is the foundation for the budget. Agreeing how much money is available lets officials focus on how to spend that money.
 
On Thursday, House Budget Committee Chairman Rick Stream and Senate Appropriations Committee Chairman Kurt Schaefer said they will use an estimate of 4.2 percent growth in revenues. The lawmakers say Nixon's office sought an estimate they do not think can be supported.
 
Nixon says he will propose a "fiscally responsible budget." He says the economy is gaining steam and officials have an opportunity to invest in students and schools.
 
CHICAGO (AP) - Unemployment dropped in Illinois in November to 8.7 percent. It was the third straight monthly decrease but Illinois' unemployment rate remains one of the highest nationally.
 
The Illinois Department of Employment Security said Thursday that the addition of a net 10,300 private-sector jobs helped push unemployment down by two-tenths of a percent in November. The federal government said earlier this month that national unemployment dropped to 7 percent in November from 7.3 percent a month earlier.
 
According the monthly Illinois report, the state added 6,100 construction jobs in November and 6,700 jobs among trade, transportation and utility companies.
 
But the state's manufacturers cut payrolls by a net 10,300 jobs. And government employers cut 4,400 jobs.
 

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