Missouri has more money on hand than ever before, thanks partly to a combination of inflation, higher wages and federal funds.

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Missouri Gov. Mike Parson on Thursday approved most of a roughly $48 billion state budget while cutting $500 million lawmakers had set aside for tax refunds.

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Missouri lawmakers have passed a stripped-down budget for the upcoming fiscal year amid a steep drop in revenues because of the havoc the coronavirus has wreaked on the economy. Lawmakers managed to spare public K-12 schools and colleges and universities ...

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Missouri state senators have voted to spare colleges and universities from steep budget cuts despite a large decline in state revenue caused by the coronavirus. Senators voted 26-5 in favor of a higher education spending plan that would give public ...

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Missouri senators on Friday parceled out millions of dollars in expected federal coronavirus stimulus funding to help the state cope with the pandemic, including $20 million for meatpacking plants. A Senate panel made initial changes to the state budget plan ...

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