Sequestration, or the automatic across-the-board funding cuts set to kick in nationwide at the beginning of 2013, will tally nearly $110 billion dollars in cuts over the next nine years. The cuts are meant to alleviate the trillion dollar deficit. Congressional Republicans and Democrats are currently facing a stalemate on a solution to the severe fiscal cuts sequestration calls for while still fixing the deficit. KBIA’s Kristofor Husted reports that millions of dollars are at stake for the University of Missouri System.
Monday was the first full day that Missouri lawmakers in both chambers can pre-file bills for next year’s regular session. Much of the legislation pre-filed in the State Senate so far deals with tax credits:
The Columbia City Council approved the purchase of a plot of land, but council members haven’t agreed on what the city will use it for. The city of Columbia is purchasing a two-acre plot of land on Vandiver Drive at US 63. City Manager Mike Matthes says it will cost three hundred thousand dollars.
Federal Emergency Management Agency announced that nearly 600 federal trailers housing Joplin residents since the May 2011 tornado are slowly emptying, with only about 80 of the trailers still occupied.