Missouri Attorney General Eric Schmitt led a coalition of 12 states in filing suit against President Joe Biden’s administration over a massive expansion of federal regulations through executive order, potentially impacting nearly every aspect of the economy and Missouri household. “Manufacturing, agriculture, and energy production are essential to Missouri’s economy and employ thousands of hard-working […]
Tag: Economic
Twelve Months Later: Despite pandemic, Missouri moved forward
Since the first presumptive positive COVID-19 case was detected in Missouri one year ago, Governor Mike Parson and his administration have worked continuously to combat the virus, keep Missourians safe, and move Missouri’s economy forward. “Since COVID-19 struck Missouri one year ago, we have worked nonstop to take a balanced approach, fight the virus, and […]
Every Republican, including Senator Blunt, voted no on $2 trillion budget bill
U.S. Senator Roy Blunt (Mo.) released the following statement today after voting against Democrats’ nearly $2 trillion budget reconciliation bill. The far-reaching legislation includes $1,400 stimulus checks, $300-per-week jobless benefits through the summer, a child allowance of up to $3,600 for one year, $350 billion for state aid, $34 billion to expand the Affordable Care Act subsidies, and $14 billion for vaccine distribution. […]
North Central Missouri Development Alliance announces qualifications for next Director
Qualifications have been announced for the next director of the North Central Missouri Development Alliance. The alliance is seeking a community/economic developer who is self-motivated. The person taking the full-time position should be capable of working independently as well as cooperatively with city and county governments, a board of directors, and regional, community, and county-based […]
Remedial education rates continue to drop at Missouri colleges and universities
Remedial education rates continue to decline at Missouri’s public colleges and universities, potentially reducing the amount of time and money it takes for many students to earn a degree. According to the Missouri Department of Higher Education & Workforce Development’s (MDHEWD) annual Missouri High School Graduates Report, the number of public high school graduates taking […]
Governor Parson announces release of remaining $280 million in general revenue restrictions
Governor Mike Parson announced the release of the remaining $280,783,940 in FY21 general revenue restrictions. “Thanks to our balanced approach to COVID-19, Missouri is in a much better position than what was originally projected,” Governor Parson said. “Our economy continues to come back strong, and we’re pleased to be able to release the remainder of these funds […]
Lawmakers propose permanent tax credit to stimulate development in nation’s underserved areas
U.S. Senators Roy Blunt (Mo.) and Ben Cardin (Md.) have introduced a measure to permanently extend the New Markets Tax Credit (NMTC), which has created jobs and driven investment in neighborhoods with high poverty and unemployment rates. The New Markets Tax Credit Extension Act (S.456) will permanently authorize a 39 percent federal tax credit for […]
March 15 last day to complete enrollment for 2021 Agriculture Risk Coverage, Price Loss Coverage Programs
Agricultural producers who have not yet enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs for 2021 must do so by March 15. Producers who have not yet signed a 2021 enrollment contract or who want to make an election change should contact their local USDA Farm Service Agency (FSA) office […]
Joshlin and Addie Yoder receive Missouri Leopold Conservation Award
Joshlin and Addie Yoder of Leonard, Missouri, located in Shelby County have been selected as the recipients of the 2020 Missouri Leopold Conservation Award®. The award, named for renowned conservationist Aldo Leopold, recognizes farmers, ranchers, and foresters who inspire others with their dedication to land, water, and wildlife habitat management on private land. In Missouri, the $10,000 award […]
Senator Josh Hawley introduces alternative to minimum wage hike, a pay raise through tax credits
U.S. Senator Josh Hawley (R-Mo.) announced he will introduce new legislation to give blue-collar workers a pay raise. For nearly four decades, workers making below the median wage have experienced stagnant wages, and this past year, the problem has been made worse by unprecedented layoffs, reduced hours, and income disruptions due to the government shutting down […]
Audio: Jefferson City Council accepts federal money to repurpose parts of prison and neighborhood.
The Jefferson City council has accepted a $1.5 million grant from the U.S. Department of Commerce to help with the redevelopment of the Missouri State Penitentiary. The penitentiary was opened in 1836 but was decommissioned in 2004. Now the plan is to turn the property into a multi-use space centered around a hotel […]
Missouri in line for $4.5 billion from federal stimulus bill
(Missouri Independent) – Last spring, as Missouri businesses shed hundreds of thousands of jobs, Gov. Mike Parson warned that the state was headed for the worst financial crunch since the 2008 recession. Ten months later, Parson presented a budget plan that anticipates a $1.1 billion surplus on July 1, the biggest in state history. And if the $1.9 trillion pandemic […]
Free farming webinar explores lessons learned from the 1980s
AEI Premium invites agricultural decision-makers to participate in a virtual event exploring lessons learned from its “Escaping 1980” podcast to be held on March 3 at 1 pm eastern. Farmers, agribusiness leaders, farm policy wonks, and students can click here to register for the free webinar. Agricultural economists Brent Gloy and David Widmar will […]
Biden backs reparations study, as House Democrats push for commission
(Missouri Independent) – The White House on Wednesday indicated that President Joe Biden would support studying reparations for slavery, the same day that House Democrats held a hearing on legislation that would set up a reparations commission. But White House Press Secretary Jen Psaki stopped short of saying Biden would sign the bill under consideration […]
Missouri House committee votes to forgive federal unemployment debts
(Missouri Independent) – Thousands of Missourians facing repayment of mistakenly paid unemployment benefits would get some relief under legislation passed with a bipartisan vote Wednesday in a Missouri House committee. The bill, which will likely be debated on the House floor next week, would forgive debts due to overpayments from federal coronavirus relief programs but would not […]
Missouri Department of Resources awards $1.36 million to Meadville and $4.18 million to Carrollton
The Missouri Department of Resources has awarded $1.36 million in financial assistance to the City of Meadville for upgrades to its wastewater collection and treatment system. The total project cost is estimated at $1.86 million and is expected to be complete by April 2022. Missouri DNR has also awarded $4.18 million to the City of […]
Woman first in the nation charged with misappropriating monies designed for COVID medical provider relief
A Michigan woman was indicted on allegations that she intentionally misappropriated government funds that were designed to aid medical providers in the treatment of patients suffering from COVID-19 and used them for her own personal expenses. Acting Assistant Attorney General Nicholas L. McQuaid of the Justice Department’s Criminal Division, Acting U.S. Attorney Saima Mohsin of […]
Governor Parson signs $324 million emergency package for rent and utility needs
Governor Mike Parson has signed HB 16 into law, a bill giving $324 million in emergency aid to help struggling renters and landlords in Missouri. The plan, the Emergency Rental Assistance Program (ERAP), could cover some rent and utility costs. “HB 16 will provide much-needed assistance to tenants and landlords across the state. COVID-19’s economic […]
Florida man lies to obtain $3.9 million in federal loans; spends money on Lamborghini
A Florida man pleaded guilty for fraudulently obtaining approximately $3.9 million in Paycheck Protection Program loans and using those funds, in part, to purchase a $318,000 Lamborghini sports car for himself. Federal investigators linked the sports car to Hines after he was involved in a hit and run on July 11, the Miami Herald reported. […]
Missouri Attorney General joins coalition calling on President Biden to reinstate Keystone XL pipeline permit
Missouri Attorney General Eric Schmitt and a coalition of 13 other attorneys general urged President Biden to reconsider his unilateral revocation of the 2019 Presidential Permit for the Keystone XL pipeline and advised him that the states that signed on to the letter are reviewing available legal options to protect their citizens and interests. “The […]