Missouri Senate’s First-Found Approval Of Tax Cuts Touches Off Optimism And Fear

The Missouri Senate will likely give final approval next week to phased-in tax cuts for individuals and businesses. Some say the measure will spur economic growth; others fear it will force sharp cuts in state programs.

Read Jo Mannies’ report in the St. Louis Beacon.

Posted in Economy, Issues

St. Louis Home Prices Indicate A Recovery

A new report says the region’s home prices rose 4.3 percent in January from the same month in 2012. The real estate analysis firm CoreLogic released the report Tuesday and says the data offer more evidence that a housing recovery is under way in St. Louis. Read the report at St. Louis Public Radio.

Posted in Economy, Issues

Unemployment Edges Lower In Missouri

Missouri’s unemployment rate edged lower in January while the state recorded a net loss  of 4,700 jobs. Tuesday’s report from the Department of Economic Development says the state’s jobless rate stood at 6.5 percent in January, down one-tenth of a point from December. Read Julie Bierach’s report at St. Louis Public Radio.

Posted in Economy, Issues

Quinn Proposes $400M Education Cut, Pension System Payouts

In his annual budget address, Illinois Governor Pat Quinn laid the blame on the General Assembly for forcing him to cut spending on schools and other key state priorities. Read the report at St. Louis Public Radio.

Posted in Economy, Issues

Missouri Senate Endorses Tax Cut Legislation

The Missouri Senate has given first-round approval to a phased-in tax overhaul designed to help the Show-Me State compete with neighboring Kansas, which recently slashed its tax rates.

Read Marshall Griffin’s report at St. Louis Public Radio.


Posted in Economy, Issues

Obama, McCaskill Discussed Budget Issues — But Sequester Seems Likely To Stay

Sen. Claire McCaskill revealed Tuesday that she’s one of the moderates who talked with President Barack Obama about budget issues. She’s optimistic about long-term budget reforms but says the $85 billion in sequester cuts appear likely to stay. Read Rob Koenig’s report at the St. Louis Beacon.

Posted in Economy, Issues

Judge Halts St. Louis Foreclosure Mediation Ordinance

A St. Louis circuit judge has halted enforcement of the city’s new foreclosure mediation ordinance.

Read Rachel Lippmann’s report at St. Louis Public Radio.

Posted in Economy, Issues

Nixon Tries New Tactic To Sway GOP On Medicaid Expansion

Democratic Governor Jay Nixon is using a new tactic in an attempt to persuade Republican state lawmakers to accept federal dollars to expand Medicaid: public safety.

Read Chris McDaniel’s report at St. Louis Public Radio.

Read Robert Joiner’s report at the St. Louis Beacon.

Posted in Economy, Healthcare, Issues

Dempsey Denies Missouri Senate Republicans Are Reversing Opposition To Medicaid Expansion

Tom Dempsey, president pro-tem of the Missouri Senate, is denying reports from some conservative bloggers that top Republicans are planning an about-face on Medicaid expansion.

Read Marshall Griffin’s report at St. Louis Public Radio.

Posted in Economy, Healthcare, Issues

Gambling Expansion In Illinois Gets Second Veto

Despite the state’s financial woes, Ill. Gov. Pat Quinn has vetoed a measure that would have given Illinois five new casinos.

Read the report from Maria Altman and Amanda Vinicky at St. Louis Public Radio.

Posted in Economy, Issues