Missouri lawmakers grow budget by $700M, mainly for Medicaid

News
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

JEFFERSON CITY, Mo. – Missouri lawmakers have approved an additional $700 million of spending this year, primarily to fund higher-than-expected costs in the Medicaid health care program for low-income residents.

The Senate gave final approval Thursday to the supplemental budget bill, sending it to Gov. Eric Greitens. The House approved it earlier this month.

The bill adds nearly $705 million of spending authority to the roughly $27.7 billion budget for the 2018 fiscal year that runs through June.

Senate Appropriations Committee Chairman Dan Brown says Medicaid costs account for about $622 million of that increase.

The legislation includes a mixture of federal, state and other funding sources. State general revenues account for $162 million of the additional spending, which is more than lawmakers had originally expected to spend on a mid-year budget adjustment.

FOX 2 Newsletters

Sign up for a newsletter from FOX 2 to get updates about news and weather. We offer daily headlines, breaking news, severe weather, and forecast emails.

Popular

Latest News

More News