Governor Jay Nixon is proposing to balance the state budget by making more cuts to programs and services, while holding the line on taxes. In his State of the State address Tuesday night, Nixon proposed a nearly $23 billion budget for the next fiscal year that would cut funding to state universities for the third year in a row:
The governor budget proposal also calls for eliminating the jobs of hundreds of state employees, to help close a projected $500 million gap between expenses and revenues.
Governor Nixon emphasized efforts to create more private-sector jobs, across the state, especially in the science and technology sector:
The governor is proposing a small increase in funding for public schools.