House Budget Chair says the January general revenue report surprised him
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House Budget Chair says the January general revenue report surprised him

Date: February 2, 2010
By: Max Reiss
State Capitol Bureau

Intro:  Budget Chair Allen Icet urges for more spending cuts before it's too late after a lower than expected general revenue report came out Tuesday.
RunTime:  0:39
OutCue:  SOC

Wrap: Sales, income, and corporate tax collections are all way below this time last year.

Actuality:  GRICET1.WAV
Run Time:  00:06
Description: "Everything is down and refunds are up and it just compounds a bad month, a bad year. It just makes things really bad."

Wildwood Republican Allen Icet, the House Budget Chair says Missouri has to figure out what to cut soon or it could mean a bad start to the next fiscal year.

Actuality:  GRICET2.WAV
Run Time:  00:09
Description: "Otherwise, we're behind from the first day of state fiscal year 2011 so that is the key that the governor will have to cut to get us to that point."

Overall, Missouri's general revenue has gone down by more than half a billion dollars so far.

Reporting from the state Capitol, I'm Max Reiss, Newsradio 1120 KMOX.

Intro:  The governor announced new spending cuts in response to a poor general revenue report but one of the leading lawmakers who works with Missouri's budget says that may not be enough.
RunTime:  0:41
OutCue:  SOC

Wrap: Governor Jay Nixon proposed cutting an extra 70 million dollars from the state budget Tuesday.

Cuts aimed at rural broadband internet access and an emergency radio system.

But House Budget Chair Allen Icet says the state may need to use the pruning knife even more.

Actuality:  GRICET3.WAV
Run Time:  00:14
Description: "It's just important as I said before. We as a state batten down the hatches. We make the tough decisions now to get the state through what we're in so that whenever the turnaround comes which it will then we can be on the leading edge of really economic development and finding jobs."

Icet said the combination of tax collections being way down and tax refunds being way up contributed to the poor general revenue report.

Reporting from the state Capitol, I'm Max Reiss, Newsradio 1120 KMOX.